v3.26.1
SEGMENT REPORTING (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of financial information by reportable segments
Financial information by reportable segment is as follows:
Three Months Ended June 30, 2026
(in thousands)Generics and OtherRare Disease and BrandsCorporate and UnallocatedTotal
Net Revenues$100,656$165,388$— $266,044 
Cost of sales (excluding depreciation and amortization)51,398 48,760 — 100,158 
Research and Development expense11,186 3,561 — 14,747 
Selling, general, and administrative expense1,578 60,719 29,364 91,661 
Depreciation and amortization— — 19,640 19,640 
Contingent consideration fair value adjustment— — (622)(622)
Operating Income (Loss) $36,494 $52,348 $(48,382)$40,460 
Unrealized gain on investment in equity securities$— $— $741 $741 
Interest expense, net— — (3,636)(3,636)
Other expense, net— — (468)(468)
Income (Loss) Before Income Tax Expense$36,494 $52,348 $(51,745)$37,097 

Three Months Ended June 30, 2025
(in thousands)Generics and OtherRare Disease and BrandsCorporate and UnallocatedTotal
Net Revenues$94,213$117,158$— $211,371 
Cost of sales (excluding depreciation and amortization)43,231 31,384 — 74,615 
Research and Development expense11,414 5,121 — 16,535 
Selling, general, and administrative expense1,389 51,191 29,191 81,771 
Depreciation and amortization— — 23,281 23,281 
Contingent consideration fair value adjustment— — 1,277 1,277 
Operating (Loss) Income$38,179$29,462$(53,749)$13,892
Unrealized gain on investment in equity securities$— $— $332 $332 
Interest expense, net— — (5,438)(5,438)
Other income, net— — 1,739 1,739 
Income (Loss) Before Income Tax Expense$38,179$29,462$(57,116)$10,525