v3.26.1
Discontinued Operations (Tables)
6 Months Ended
Jun. 30, 2026
Discontinued Operations  
Schedule Of Reconciliation Of Discontinued Operations, Net Revenue From Discontinued Operations, Derecognized Assets And Balance Sheet Classifications

Three Months Ended

Six Months Ended

June 30, 

June 30, 

(in thousands)

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

Net revenue

$

12,824

$

23,094

$

11,925

$

55,228

Costs and expenses:

 

 

 

 

Cost of goods sold

 

 

6,548

 

55

 

25,897

Research and development

 

10

 

440

 

10

 

162

Selling, general and administrative

 

(213)

 

2,027

 

(163)

 

9,483

Total costs and expenses

 

(203)

 

9,015

 

(98)

 

35,542

Income from operations

 

13,027

 

14,079

 

12,023

19,686

Interest expense

(487)

(3,484)

Gain (Loss) on Sale Transactions, net

(311)

339,102

(699)

339,102

Loss on debt extinguishment

(10,286)

(10,286)

Other income (expense), net

221

(11,560)

Net income from discontinued operations before income taxes

12,716

342,629

11,324

333,458

Income tax provision

Net income from discontinued operations, net of tax

$

12,716

$

342,629

$

11,324

$

333,458

Three Months Ended

Six Months Ended

June 30, 

June 30, 

(in thousands)

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

UDENYCA

$

11,441

$

23,190

$

10,594

$

54,652

CIMERLI

1,383

(96)

1,329

533

YUSIMRY

 

 

 

2

 

43

Total net revenue from discontinued operations

$

12,824

$

23,094

$

11,925

$

55,228

June 30, 

December 31, 

(in thousands)

  ​ ​ ​

2026

  ​ ​ ​

2025

Assets

Trade receivables, net (1)

$

(1,611)

$

(3,199)

Liabilities

Accrued rebates, fees and reserves

$

12,118

(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.