XML 36 R27.htm IDEA: XBRL DOCUMENT v3.23.2
Intangible Assets, net (Tables)
6 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangible asset
The gross carrying amounts and net book value of our intangible assets are as follows:
June 30, 2023
Useful Life (In Years)Gross Carrying AmountAccumulated AmortizationNet Book Value
Barhemsys intangible (1)
9$70,319 $(8,448)$61,871 
Byfavo intangible (1)
933,714 (3,783)29,931 
Ryanodex intangible (2)
915,000 (8,794)6,206 
PEMFEXY intangible (3)
215,000 (5,602)9,398 
Vasopressin milestone (4)
1750 (750)— 
Total$134,783 $(27,377)$107,406 
December 31, 2022
Useful Life (In Years)Gross Carrying AmountAccumulated AmortizationNet Book Value
Barhemsys intangible (1)
9$70,319 $(4,462)$65,857 
Byfavo intangible (1)
933,714 (1,989)31,725 
Ryanodex intangible (2)
915,000 (7,402)7,598 
PEMFEXY intangible (3)
215,000 (1,888)13,112 
Vasopressin milestone (4)
1750 (715)35 
Total$134,783 $(16,456)$118,327 
(1) Represents intangible assets acquired in the Acacia acquisition as detailed in Note 13.
(2) Represents a one-time payment made to reduce the royalties payable to a third party on Ryanodex net sales.
(3) Represents a one-time payment made to reduce the royalties payable to a third party on PEMFEXY net sales.
(4) Represents milestone paid to a third party upon FDA approval of vasopressin.
Schedule of future amortization expense of finite-lived intangible assets Based on definite-lived intangible assets recorded as of June 30, 2023, and assuming that the underlying assets will not be impaired and that we will not change the expected lives of the assets, future amortization expenses are estimated as follows:
Estimated Amortization Expense
Year Ending December 31,
2023 (remainder)11,034 
202419,780 
202513,917 
202611,615 
202711,615 
Thereafter39,445 
Total estimated amortization expense$107,406