v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Product revenues, net $ 199,878 $ 188,000 $ 393,398 $ 365,757
Cost of product revenues        
Cost of product revenues (excluding intangible asset amortization) 26,633 24,143 47,434 49,103
Intangible asset amortization 62,953 55,473 118,426 110,946
Total cost of product revenues 89,586 79,616 165,860 160,049
Gross profit 110,292 108,384 227,538 205,708
Operating expenses        
Selling, general and administrative 106,594 73,637 192,944 150,060
Gain on fair value remeasurement of contingent consideration 0 (358) 0 (1,144)
Total operating expenses 106,594 73,279 192,944 148,916
Income from operations 3,698 35,105 34,594 56,792
Interest expense (19,519) (20,463) (35,381) (41,253)
Interest income 2,289 2,383 5,995 4,608
(Loss) income before income taxes (13,532) 17,025 5,208 20,147
Provision for income taxes 1,519 5,042 5,763 5,747
Net (loss) income $ (15,051) $ 11,983 $ (555) $ 14,400
(Loss) earnings per share — basic (in dollars per share) $ (0.46) $ 0.38 $ (0.02) $ 0.45
Weighted-average shares - basic (in shares) 32,460,783 31,810,612 32,275,159 31,802,222
(Loss) earnings per share — diluted (in dollars per share) $ (0.46) $ 0.34 $ (0.02) $ 0.44
Weighted-average shares - diluted (in shares) 32,460,783 39,075,703 32,275,159 39,283,297