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Acquisition Contract Liabilities (Tables)
12 Months Ended
Dec. 31, 2023
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Acquisition Contract Liabilities

The following table provides a summary of the transaction under the settlement Agreement:

 

     
(in thousands)    
Release of contingent consideration  $(2,500)
Release of start-up cost financing   (7,300)
Transfer of Investment in Biofrontera AG  $2,415 
Gain on settlement  $(7,385)