XML 27 R20.htm IDEA: XBRL DOCUMENT v3.24.2.u1
OTHER INCOME (LOSS), NET
6 Months Ended
Jun. 30, 2024
Other Income and Expenses [Abstract]  
OTHER INCOME (LOSS), NET

12. OTHER INCOME (LOSS), NET

The following table summarizes other income (loss), net for each of the periods indicated:

 

 

 

For the Three Months Ended
June 30,

 

 

For the Six Months Ended
June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

(in thousands)

 

Accretion of investment discount, net

 

$

10,766

 

 

$

12,786

 

 

$

23,570

 

 

$

22,825

 

Interest income

 

 

8,076

 

 

 

8,418

 

 

 

15,169

 

 

 

17,694

 

Interest expense

 

 

(4,832

)

 

 

(5,224

)

 

 

(8,998

)

 

 

(11,547

)

Change in the fair value of contingent consideration

 

 

 

 

 

800

 

 

 

(10,100

)

 

 

800

 

Other, net

 

 

268

 

 

 

154

 

 

 

1,180

 

 

 

(131

)

Other income, net

 

$

14,278

 

 

$

16,934

 

 

$

20,821

 

 

$

29,641

 

Gain from sale of Priority Review Voucher

 

 

 

 

 

102,000

 

 

 

 

 

 

102,000

 

Loss on debt extinguishment

 

 

 

 

 

 

 

 

 

 

 

(387,329

)

Total other income (loss), net

 

$

14,278

 

 

$

118,934

 

 

$

20,821

 

 

$

(255,688

)