Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2022

Discontinued Operations And Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

The following table presents results of discontinued operations (in thousands):

	Year ended December 31,
	2022			2021
Product revenue, net	$	80,749		$	84,378
Cost of goods sold		15,640			17,436
Gross profit		65,109			66,942
Operating expenses:
Selling and marketing		75,208			108,195
General and administrative		11,301			11,854
Research and development		4,942			7,086
Restructuring charges		6,180			—
Total operating expenses		97,631			127,135
Loss from discontinued operations		(32,522	)		(60,193	)
Other (expense) income:
Gain on sale of vitaCare		143,384			—
Gain on ANNOVERA sale		62,031			—
Loss on the extinguishment of debt		(8,380	)		—
Interest expense and other financing costs		(36,065	)		(32,917	)
Expense for accretion of Series A Preferred Stock		(16,973	)		—
Other income, net		—			—
Total other income (expense), net		143,997			(32,917	)
Loss before from income taxes		111,475			(93,110	)
Provision for income taxes		(552	)		—
Net income (loss) from discontinued operations	$	110,923		$	(93,110	)

The following table presents the carrying amounts of the classes of assets and liabilities of discontinued operations as of December 31, 2022 and December 31, 2021 (in thousands):

	As of December 31,
	2022		2021
Assets:
Current assets:
Cash	$	—	$	215
Accounts receivable		—		36,176
Inventory		—		7,622
Prepaid and other current assets		—		4,689
Total current assets		—		48,702
Fixed assets, net		—		376
License rights and other intangible assets, net		—		33,174
Total assets	$	—	$	82,252
Liabilities:
Current liabilities:
Accounts payable	$	12,243	$	16,945
Accrued expenses and other current liabilities		13,588		30,966
Total current liabilities	$	25,831	$	47,911