v3.26.1
Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Year
Summary
Compensation
Table Total
for Jack
Khattar
(1)
($)
Compensation
Actually
Paid to
Jack
Khattar
(1)(2)(3)
($)
Average
Summary
Compensation
Table Total
for Non-PEO
NEOs
(1)
($)
Average
Compensation
Actually
Paid to
Non-PEO
NEOs
(1)(2)(3)
($)
Value of Initial Fixed
$100 Investment
based on:
(5)
Net
Earnings
($ Millions)
Gross
Product
Sales
($ Millions)
(6)
Total
Shareholder
Return
(“TSR”)
($)
Peer
Group
TSR
($)
(a)
(b)
(c)
(d)
(e)
(f)
(g)
(h)
(i)
2025
15,501,556 23,739,805 1,529,318 2,383,845 197.54 124.75 (38.6) 1,122
2024(4) 12,640,989 9,238,518 1,586,048 1,266,723 143.72 93.49 73.9 1,101
2023
13,278,093 13,491,498 1,806,329 1,691,851 115.02 94.03 1.3 1,071
2022
10,012,717 11,056,323 1,167,214 1,433,071 141.77 89.90 60.7 1,181
2021
8,116,721 7,914,950 979,005 601,468 115.90 100.02 53.4 1,021
1.   Jack Khattar was our PEO for each year presented. The individuals comprising the Non-PEO NEOs for each year presented are listed below.
2021
2022-2025
Timothy C. Dec
Timothy C. Dec
Jonathan Rubin, MD
Jonathan Rubin, MD
Padmanabh P. Bhatt, Ph.D.
Padmanabh P. Bhatt, Ph.D.
Tami Martin, R.N., Esq.
Frank Mottola
James P. Kelly
2.   The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below.
3.   Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards and Option Awards column are the totals from the Stock Awards and Option Awards columns set forth in the Summary Compensation Table. Amounts in the Inclusion of Equity Values column are set forth in the table further below.
4.   The dollar amounts for 2024 reflects the corrections described in footnotes 5-7 to the Summary Compensation Table.
Year
Summary
Compensation Table
Total for
Jack Khattar
($)
Exclusion of
Stock Awards and
Option Awards for
Jack Khattar
($)
Inclusion of
Equity Values for
Jack Khattar
($)
Compensation
Actually Paid
to Jack Khattar
($)
2025
15,501,556 (13,566,573) 21,804,822 23,739,805
2024(4) 12,640,989 (10,766,439) 7,363,968 9,238,518
Year
Average Summary
Compensation Table
Total for Non-PEO
NEOs
($)
Average Exclusion of
Stock Awards and
Option Awards for
Non-PEO NEOs
($)
Average Inclusion of
Equity Values for
Non-PEO NEOs
($)
Average
Compensation
Actually Paid
to Non-PEO
NEOs
($)
2025
1,529,318 (829,058) 1,683,585 2,383,845
2024(4) 1,586,048 (922,579) 603,254 1,266,723
The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:
Year
Year-End
Fair Value of
Equity
Awards
Granted
During Year
That
Remained
Unvested as
of Last Day
of Year for
Jack Khattar
($)
Change in
Fair Value
from Last Day
of Prior Year
to Last Day of
Year of
Unvested
Equity
Awards for
Jack Khattar
($)
Vesting-Date
Fair Value of
Equity
Awards
Granted
During Year
that Vested
During Year
for Jack
Khattar
($)
Change in
Fair Value
from Last
Day of Prior
Year to
Vesting Date
of Unvested
Equity
Awards that
Vested
During Year
for Jack
Khattar
($)
Fair Value at
Last Day of
Prior Year of
Equity
Awards
Forfeited
During Year
for Jack
Khattar
($)
Total −
Inclusion
of
Equity
Values for
Jack
Khattar
($)
2025
15,241,468 4,405,898 2,157,456 21,804,822
2024
10,504,593 (2,103,882) 1,375,198 (2,411,941) 7,363,968
Year
Average
Year-End
Fair Value of
Equity
Awards
Granted
During Year
That
Remained
Unvested as of
Last Day of
Year for Non-
PEO NEOs
($)
Average
Change in
Fair Value
from Last
Day of Prior
Year to Last
Day of Year
of Unvested
Equity
Awards for
Non-PEO
NEOs
($)
Average
Vesting-Date
Fair Value of
Equity
Awards
Granted
During Year
that Vested
During Year
for Non-PEO
NEOs
($)
Average
Change in
Fair Value
from Last
Day of Prior
Year to
Vesting Date
of Unvested
Equity
Awards that
Vested During
Year for Non-
PEO NEOs
($)
Average Fair
Value at Last
Day of Prior
Year of
Equity
Awards
Forfeited
During Year
for Non-PEO
NEOs
($)
Total −
Average
Inclusion
of
Equity
Values
for Non-
PEO
NEOs
($)
2025
1,102,446 513,390 105,717 (37,968) 1,683,585
2024
1,006,487 (168,509) 58,719 (293,443) 603,254
5.   The Peer Group TSR set forth in this table utilizes the Nasdaq Biotechnology Index, which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended December 31, 2025. The comparison assumes $100 was invested for the period starting December 31, 2020, through the end of the listed year in the Company and in the Nasdaq Biotechnology Index, respectively. Historical stock performance is not necessarily indicative of future stock performance. Cumulative TSR is calculated by dividing (i) the sum of (a) the cumulative amount of any dividends for the measurement period and (b) the change in the company’s share price during the measurement period by (ii) the share price at the beginning of the measurement period. This assumes dividend reinvestment.
6.   We determined Gross Product Sales to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEO and Non-PEO NEOs in 2025, 2024, 2023, and 2022. This performance measure may not have been the most important financial performance measure for years prior and we may determine a different financial performance measure to be the most important financial performance measure in future years. The Company’s net revenues consist of net product sales and royalties, licensing and other revenues. The Company recognizes revenue from product sales in an amount that reflects the consideration the Company expects to ultimately receive in exchange for those goods. The Company recognizes gross product sales when its customers take control of its products, including title and ownership. Product sales are recorded net of various forms of variable consideration, including: provision for estimated rebates; provision for estimated future product returns; and an estimated provision for discounts. These are collectively considered “sales deductions.” These amounts are treated as variable consideration, estimated and recognized as a reduction of the transaction price at the time of sale.
       
Company Selected Measure Name Gross Product Sales        
Named Executive Officers, Footnote
1.   Jack Khattar was our PEO for each year presented. The individuals comprising the Non-PEO NEOs for each year presented are listed below.
2021
2022-2025
Timothy C. Dec
Timothy C. Dec
Jonathan Rubin, MD
Jonathan Rubin, MD
Padmanabh P. Bhatt, Ph.D.
Padmanabh P. Bhatt, Ph.D.
Tami Martin, R.N., Esq.
Frank Mottola
James P. Kelly
       
Peer Group Issuers, Footnote
5.   The Peer Group TSR set forth in this table utilizes the Nasdaq Biotechnology Index, which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended December 31, 2025. The comparison assumes $100 was invested for the period starting December 31, 2020, through the end of the listed year in the Company and in the Nasdaq Biotechnology Index, respectively. Historical stock performance is not necessarily indicative of future stock performance. Cumulative TSR is calculated by dividing (i) the sum of (a) the cumulative amount of any dividends for the measurement period and (b) the change in the company’s share price during the measurement period by (ii) the share price at the beginning of the measurement period. This assumes dividend reinvestment.
       
PEO Total Compensation Amount $ 15,501,556 $ 12,640,989 $ 13,278,093 $ 10,012,717 $ 8,116,721
PEO Actually Paid Compensation Amount $ 23,739,805 9,238,518 13,491,498 11,056,323 7,914,950
Adjustment To PEO Compensation, Footnote
3.   Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards and Option Awards column are the totals from the Stock Awards and Option Awards columns set forth in the Summary Compensation Table. Amounts in the Inclusion of Equity Values column are set forth in the table further below.
4.   The dollar amounts for 2024 reflects the corrections described in footnotes 5-7 to the Summary Compensation Table.
Year
Summary
Compensation Table
Total for
Jack Khattar
($)
Exclusion of
Stock Awards and
Option Awards for
Jack Khattar
($)
Inclusion of
Equity Values for
Jack Khattar
($)
Compensation
Actually Paid
to Jack Khattar
($)
2025
15,501,556 (13,566,573) 21,804,822 23,739,805
2024(4) 12,640,989 (10,766,439) 7,363,968 9,238,518
The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:
Year
Year-End
Fair Value of
Equity
Awards
Granted
During Year
That
Remained
Unvested as
of Last Day
of Year for
Jack Khattar
($)
Change in
Fair Value
from Last Day
of Prior Year
to Last Day of
Year of
Unvested
Equity
Awards for
Jack Khattar
($)
Vesting-Date
Fair Value of
Equity
Awards
Granted
During Year
that Vested
During Year
for Jack
Khattar
($)
Change in
Fair Value
from Last
Day of Prior
Year to
Vesting Date
of Unvested
Equity
Awards that
Vested
During Year
for Jack
Khattar
($)
Fair Value at
Last Day of
Prior Year of
Equity
Awards
Forfeited
During Year
for Jack
Khattar
($)
Total −
Inclusion
of
Equity
Values for
Jack
Khattar
($)
2025
15,241,468 4,405,898 2,157,456 21,804,822
2024
10,504,593 (2,103,882) 1,375,198 (2,411,941) 7,363,968
       
Non-PEO NEO Average Total Compensation Amount $ 1,529,318 1,586,048 1,806,329 1,167,214 979,005
Non-PEO NEO Average Compensation Actually Paid Amount $ 2,383,845 1,266,723 1,691,851 1,433,071 601,468
Adjustment to Non-PEO NEO Compensation Footnote
3.   Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards and Option Awards column are the totals from the Stock Awards and Option Awards columns set forth in the Summary Compensation Table. Amounts in the Inclusion of Equity Values column are set forth in the table further below.
Year
Average Summary
Compensation Table
Total for Non-PEO
NEOs
($)
Average Exclusion of
Stock Awards and
Option Awards for
Non-PEO NEOs
($)
Average Inclusion of
Equity Values for
Non-PEO NEOs
($)
Average
Compensation
Actually Paid
to Non-PEO
NEOs
($)
2025
1,529,318 (829,058) 1,683,585 2,383,845
2024(4) 1,586,048 (922,579) 603,254 1,266,723
The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:
Year
Average
Year-End
Fair Value of
Equity
Awards
Granted
During Year
That
Remained
Unvested as of
Last Day of
Year for Non-
PEO NEOs
($)
Average
Change in
Fair Value
from Last
Day of Prior
Year to Last
Day of Year
of Unvested
Equity
Awards for
Non-PEO
NEOs
($)
Average
Vesting-Date
Fair Value of
Equity
Awards
Granted
During Year
that Vested
During Year
for Non-PEO
NEOs
($)
Average
Change in
Fair Value
from Last
Day of Prior
Year to
Vesting Date
of Unvested
Equity
Awards that
Vested During
Year for Non-
PEO NEOs
($)
Average Fair
Value at Last
Day of Prior
Year of
Equity
Awards
Forfeited
During Year
for Non-PEO
NEOs
($)
Total −
Average
Inclusion
of
Equity
Values
for Non-
PEO
NEOs
($)
2025
1,102,446 513,390 105,717 (37,968) 1,683,585
2024
1,006,487 (168,509) 58,719 (293,443) 603,254
       
Compensation Actually Paid vs. Total Shareholder Return [MISSING IMAGE: bc_companytsr-4c.jpg]        
Compensation Actually Paid vs. Net Income [MISSING IMAGE: bc_netearning-4c.jpg]        
Compensation Actually Paid vs. Company Selected Measure [MISSING IMAGE: bc_productsales-4c.jpg]        
Total Shareholder Return Vs Peer Group [MISSING IMAGE: bc_companytsr-4c.jpg]        
Tabular List, Table
Tabular List of Most Important Financial Performance Measures
The following table presents the financial performance measures that the Company considers the most important in linking Compensation Actually Paid to our PEO and Non-PEO NEOs for 2025 to Company performance. The measures in this table are not ranked.
Gross Product Sales
Operating Earnings
       
Total Shareholder Return Amount $ 197.54 143.72 115.02 141.77 115.9
Peer Group Total Shareholder Return Amount 124.75 93.49 94.03 89.9 100.02
Net Income (Loss) $ (38,600,000) $ 73,900,000 $ 1,300,000 $ 60,700,000 $ 53,400,000
Company Selected Measure Amount 1,122,000,000 1,101,000,000 1,071,000,000 1,181,000,000 1,021,000,000
PEO Name Jack Khattar        
Equity Awards Adjustments, Footnote
The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:
Year
Year-End
Fair Value of
Equity
Awards
Granted
During Year
That
Remained
Unvested as
of Last Day
of Year for
Jack Khattar
($)
Change in
Fair Value
from Last Day
of Prior Year
to Last Day of
Year of
Unvested
Equity
Awards for
Jack Khattar
($)
Vesting-Date
Fair Value of
Equity
Awards
Granted
During Year
that Vested
During Year
for Jack
Khattar
($)
Change in
Fair Value
from Last
Day of Prior
Year to
Vesting Date
of Unvested
Equity
Awards that
Vested
During Year
for Jack
Khattar
($)
Fair Value at
Last Day of
Prior Year of
Equity
Awards
Forfeited
During Year
for Jack
Khattar
($)
Total −
Inclusion
of
Equity
Values for
Jack
Khattar
($)
2025
15,241,468 4,405,898 2,157,456 21,804,822
2024
10,504,593 (2,103,882) 1,375,198 (2,411,941) 7,363,968
Year
Average
Year-End
Fair Value of
Equity
Awards
Granted
During Year
That
Remained
Unvested as of
Last Day of
Year for Non-
PEO NEOs
($)
Average
Change in
Fair Value
from Last
Day of Prior
Year to Last
Day of Year
of Unvested
Equity
Awards for
Non-PEO
NEOs
($)
Average
Vesting-Date
Fair Value of
Equity
Awards
Granted
During Year
that Vested
During Year
for Non-PEO
NEOs
($)
Average
Change in
Fair Value
from Last
Day of Prior
Year to
Vesting Date
of Unvested
Equity
Awards that
Vested During
Year for Non-
PEO NEOs
($)
Average Fair
Value at Last
Day of Prior
Year of
Equity
Awards
Forfeited
During Year
for Non-PEO
NEOs
($)
Total −
Average
Inclusion
of
Equity
Values
for Non-
PEO
NEOs
($)
2025
1,102,446 513,390 105,717 (37,968) 1,683,585
2024
1,006,487 (168,509) 58,719 (293,443) 603,254
       
Measure:: 1          
Pay vs Performance Disclosure          
Name Gross Product Sales        
Non-GAAP Measure Description
6.   We determined Gross Product Sales to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEO and Non-PEO NEOs in 2025, 2024, 2023, and 2022. This performance measure may not have been the most important financial performance measure for years prior and we may determine a different financial performance measure to be the most important financial performance measure in future years. The Company’s net revenues consist of net product sales and royalties, licensing and other revenues. The Company recognizes revenue from product sales in an amount that reflects the consideration the Company expects to ultimately receive in exchange for those goods. The Company recognizes gross product sales when its customers take control of its products, including title and ownership. Product sales are recorded net of various forms of variable consideration, including: provision for estimated rebates; provision for estimated future product returns; and an estimated provision for discounts. These are collectively considered “sales deductions.” These amounts are treated as variable consideration, estimated and recognized as a reduction of the transaction price at the time of sale.
       
Measure:: 2          
Pay vs Performance Disclosure          
Name Operating Earnings        
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (13,566,573) $ (10,766,439)      
PEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 21,804,822 7,363,968      
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 15,241,468 10,504,593      
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 4,405,898 (2,103,882)      
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,375,198      
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,157,456 (2,411,941)      
PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount      
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (829,058) (922,579)      
Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,683,585 603,254      
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,102,446 1,006,487      
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 513,390 (168,509)      
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 58,719      
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 105,717 (293,443)      
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (37,968)