v3.26.1
Intangible Assets
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible Assets Intangible Assets
Intangible assets as of June 30, 2026 and December 31, 2025 are summarized as follows:
As of
June 30, 2026December 31, 2025
GrossGross
carryingAccumulatedIntangiblecarryingAccumulatedIntangible
amountamortizationassets, netamountamortizationassets, net
$$$$$$
Finite-lived intangible assets:
Developed products79,510 (19,029)60,481 77,486 (15,291)62,195 
Other8,987 (8,512)475 8,987 (8,478)509 
Total finite-lived intangible assets88,497 (27,541)60,956 86,473 (23,769)62,704 
 Developed products represent post-approval milestone payments under license and commercialization agreements. The Company is amortizing the developed products over the remainder of the respective product patent or the term of the commercialization agreements.
Amortization expense for developed products is included in cost of sales - product in the accompanying consolidated statements of operations. Amortization expense for other intangible assets is included in selling, general and administrative expense in the accompanying consolidated statements of operations.
The weighted-average life for each finite-lived intangible assets is approximately 10 years. Amortization expense was as follows:
Three Months EndedSix Months Ended
June 30,June 30,
2026202520262025
$$$$
Amortization expense - Cost of sales - product
1,592 5,749 3,334 6,922 
Amortization expense - Selling, general and administrative
17 11 34 28 
Total 1,609 5,760 3,368 6,950 
As of June 30, 2026, estimated amortization expense for each of the five succeeding years and thereafter was as follows:
Year Ending December 31,Cost of Sales - ProductSelling, General and AdministrativeTotal
$$$
2026 (remainder of year)
3,190 34 3,224 
20276,382 67 6,449 
20286,382 67 6,449 
20296,382 67 6,449 
20306,382 67 6,449 
2031 and thereafter31,763 173 31,936 
Total60,481 475 60,956