v3.26.1
Discontinued Operations (Tables)
 6 Months Ended
Jun. 30, 2026
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations
Assets and Liabilities of Discontinued Operations
June 30, 2026December 31, 2025
ASSETS
Inventories, net$14,541,014 $6,195,583 
Prepaid and other current assets1,112,207 1,791,110 
Current assets held for sale/related to discontinued operations$15,653,221 $7,986,693 
Non-current inventories$— $9,212,211 
Intangible assets, net11,485,505 13,974,300 
Goodwill (1)
914,000 914,000 
Operating lease right-of-use assets2,372,678 2,562,104 
Other investment (2)
3,679,972 3,986,780 
Assets held for sale/related to discontinued operations$18,452,155 $30,649,395 
LIABILITIES
Other investment liabilities (2)
$3,650,104 $5,074,504 
Other current liabilities1,725,000 2,005,000 
Current liabilities held for sale/related to discontinued operations$5,375,104 $7,079,504 
Other long-term liabilities$2,387,716 $2,195,278 
Liabilities held for sale/related to discontinued operations$2,387,716 $2,195,278 
(1) Goodwill relates to Vibativ and Sancuso products.
(2) Liabilities that relate to the Company's equity investment in Talicia Holdings, Inc.
Income (Loss) from Discontinued Operations
Three months ended June 30,Six months ended June 30,
2026202520262025
Net revenues$8,634,783 $10,456,566 $17,602,251 $22,002,993 
Costs and expenses:
Cost of products sold2,016,852 2,011,389 3,950,741 3,437,103 
Selling and marketing5,372,804 4,223,647 10,444,710 8,455,628 
Research and development647,124 630,998 1,339,715 1,241,287 
General and administrative194,949 217,776 419,020 482,040 
Amortization1,293,049 1,000,715 2,534,982 1,999,970 
Interest expense119,536 109,076 205,309 268,486 
Other expense160,728 — 306,808 — 
Total costs and expenses9,805,042 8,193,601 19,201,285 15,884,514 
Net income (loss) from discontinued operations$(1,170,259)$2,262,965 $(1,599,034)$6,118,479 


Cash Flows from Discontinued Operations
Six months ended June 30,
20262025
Cash flows from operating activities:
Net changes in assets and liabilities:
Intangible assets, net$2,488,795 $1,987,733 
Inventories, net866,780 777,123 
Prepaid and other current assets678,903 899,907 
Other assets
681,989 1,039,190 
Other current liabilities(855,669)686,201 
Other long-term liabilities
192,438 52,134 
Net cash provided by operating activities from discontinued operations$4,053,236 $5,442,288 
Cash flows from investing activities:
Increase of investment in manufacturing$(145,459)$(857,680)
Cash flows from financing activities:
Cash settlement of contingent consideration$(848,731)$(654,757)