| Schedule of Financial Statement Information |
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June 30, |
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December 31, |
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(In thousands) |
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2026 |
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|
2025 |
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Accounts receivable, net: |
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Accounts receivable |
|
$ |
84,270 |
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$ |
92,325 |
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Less: allowance for credit losses |
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(2,384 |
) |
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(2,070 |
) |
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$ |
81,886 |
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$ |
90,255 |
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Inventories, net: |
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Consumable supplies |
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$ |
11,858 |
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$ |
13,090 |
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Finished products |
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40,010 |
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43,994 |
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Work in-process |
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|
2,290 |
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|
|
726 |
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Raw materials |
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|
11,478 |
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|
11,529 |
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Less: inventory reserve |
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(3,785 |
) |
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(3,516 |
) |
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$ |
61,851 |
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$ |
65,823 |
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Other current assets and prepaid expenses: |
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Escrow receivable |
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$ |
19,653 |
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$ |
19,411 |
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Taxes recoverable |
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|
7,838 |
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|
11,842 |
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Prepaid expenses |
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|
9,516 |
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9,423 |
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Prepaid insurance |
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|
3,357 |
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|
3,276 |
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Other receivables |
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|
5,537 |
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|
4,609 |
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Other |
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|
9,837 |
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|
8,168 |
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$ |
55,738 |
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$ |
56,729 |
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Intangible assets, net: |
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Customer relationships |
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$ |
185,785 |
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$ |
186,865 |
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Technologies |
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806,790 |
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811,986 |
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Trade names |
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49,363 |
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49,374 |
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Covenants not to compete |
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11,421 |
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11,426 |
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Licenses |
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6,409 |
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6,422 |
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Product registrations |
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6,710 |
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6,885 |
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Other |
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|
7,314 |
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|
7,518 |
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Less: accumulated amortization |
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(596,226 |
) |
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(564,200 |
) |
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$ |
477,566 |
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$ |
516,276 |
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Accrued expenses: |
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Employee benefits and severance |
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$ |
28,956 |
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$ |
33,777 |
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Clinical trials |
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5,599 |
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4,372 |
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Commitments and contingencies |
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2,922 |
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3,529 |
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Accrued interest |
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|
3,208 |
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|
5,439 |
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Gross to net provision |
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|
5,434 |
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5,897 |
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Inventory received but not invoiced |
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1,475 |
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4,098 |
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Finance leases short-term |
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1,388 |
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1,690 |
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Professional fees |
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1,398 |
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1,455 |
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Taxes payable |
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|
6,431 |
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|
3,595 |
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Royalties |
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|
675 |
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|
1,197 |
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Commissions |
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|
968 |
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|
1,047 |
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Other |
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|
19,303 |
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|
|
18,310 |
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$ |
77,757 |
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$ |
84,406 |
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Other long-term liabilities: |
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Employee severance |
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$ |
1,175 |
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$ |
5,540 |
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Mortgages and other debts payable |
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|
1,782 |
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2,262 |
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Finance leases long-term |
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2,655 |
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3,394 |
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Other |
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|
11,387 |
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11,603 |
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$ |
16,999 |
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$ |
22,799 |
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| Schedule of Goodwill |
The following table summarizes the changes in Goodwill by reporting unit during the six months ended June 30, 2026.
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2026 |
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(In thousands) |
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Gross
goodwill at
January 1,
2026 |
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Cumulative
impairment
at
January 1 |
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Foreign
exchange
and other |
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Balance at June 30, 2026 |
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Pharmaceuticals |
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CURNA |
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$ |
4,827 |
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$ |
(4,827 |
) |
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$ |
— |
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$ |
— |
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Rayaldee |
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|
89,510 |
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— |
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(2,473 |
) |
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87,037 |
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FineTech |
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11,698 |
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(11,698 |
) |
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— |
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— |
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ModeX |
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80,260 |
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— |
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— |
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80,260 |
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OPKO Biologics |
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139,784 |
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— |
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— |
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139,784 |
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OPKO Chile |
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3,553 |
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— |
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(82 |
) |
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3,471 |
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OPKO Health Europe |
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|
7,740 |
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— |
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(219 |
) |
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7,521 |
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OPKO Mexico |
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|
100 |
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(100 |
) |
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— |
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— |
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Transition Therapeutics |
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3,421 |
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(3,421 |
) |
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— |
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— |
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Diagnostics |
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BioReference |
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163,442 |
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— |
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— |
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|
163,442 |
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OPKO Diagnostics |
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17,977 |
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(17,977 |
) |
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— |
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— |
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$ |
522,312 |
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$ |
(38,023 |
) |
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$ |
(2,774 |
) |
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$ |
481,515 |
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