v3.26.1
Discontinued Operations (Tables)
3 Months Ended
Mar. 31, 2026
Discontinued Operations  
Schedule of reconciliation of discontinued operations, net revenue from discontinued operations, derecognized assets and balance sheet classifications

Three Months Ended

March 31, 

(in thousands)

  ​ ​ ​

2026

  ​ ​ ​

2025

Net revenue

$

(899)

$

32,134

Costs and expenses:

 

 

Cost of goods sold

 

55

 

19,349

Selling, general and administrative

 

50

 

7,178

Total costs and expenses

 

105

 

26,527

Income (loss) from operations

 

(1,004)

 

5,607

Interest expense

(2,997)

Loss on Sale Transactions, net

(388)

Other income (expense), net

(11,781)

Net loss from discontinued operations before income taxes

(1,392)

(9,171)

Income tax provision

Net loss from discontinued operations, net of tax

$

(1,392)

$

(9,171)

Three Months Ended

March 31, 

(in thousands)

  ​ ​ ​

2026

  ​ ​ ​

2025

UDENYCA

$

(847)

$

31,462

CIMERLI

(54)

629

YUSIMRY

 

2

 

43

Total net revenue from discontinued operations

$

(899)

$

32,134

March 31, 

December 31, 

(in thousands)

  ​ ​ ​

2026

  ​ ​ ​

2025

Assets

Trade receivables, net (1)

$

(87)

$

(3,199)

Liabilities

Accrued rebates, fees and reserves

$

26,131

(2)

$

27,781

(1)Chargebacks and discounts for prompt payment are classified as a reduction in trade receivables.
(2)This balance is expected to be settled in a front-weighted fashion over the remainder of 2026 and into 2027.