INTANGIBLE ASSETS AND GOODWILL (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Intangible Asset, Goodwill and Other [Abstract] |
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| SCHEDULE OF INTANGIBLE ASSETS |
The Company’s intangible assets at June 30, 2026 consisted of the following: | | | | | | | | | | | | | | | | | | | | | | | | | Weighted-average useful life
(in years) | | Cost | | Accumulated
Amortization | | Net
Carrying Value | | Definite-lived Intangibles | | | | | | | | | Patents | 19 | | $ | 269,000 | | | $ | (83,000) | | | $ | 186,000 | | | Licenses | 20 | | 50,000 | | | (40,000) | | | 10,000 | | | Acquired product rights | 14 | | 225,481,000 | | | (50,552,000) | | | 174,929,000 | | | Customer relationships | 7 | | 190,000 | | | (155,000) | | | 35,000 | | | Trade name | 5 | | 70,000 | | | (4,000) | | | 66,000 | | | State pharmacy licenses | 25 | | 8,000 | | | (4,000) | | | 4,000 | | | Indefinite-lived Intangibles | | | | | | | | | Trademarks | Indefinite | | 340,000 | | | — | | | 340,000 | | | | | $ | 226,408,000 | | | $ | (50,838,000) | | | $ | 175,570,000 | |
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| SCHEDULE OF AMORTIZATION EXPENSES FOR INTANGIBLE ASSETS |
Amortization expense for intangible assets for the three and six months ended June 30, 2026 and 2025 was as follows: | | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended June 30, | | For the Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Patents | $ | 12,000 | | | $ | 3,000 | | | $ | 17,000 | | | $ | 6,000 | | | Acquired product rights | 5,512,000 | | | 4,220,000 | | | 10,633,000 | | | 8,440,000 | | | Customer relationships | 3,000 | | | 3,000 | | | 6,000 | | | 6,000 | | | $ | 5,527,000 | | | $ | 4,226,000 | | | $ | 10,656,000 | | | $ | 8,452,000 | |
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| SCHEDULE OF ESTIMATED FUTURE AMORTIZATION EXPENSE |
Estimated future amortization expense for the Company’s intangible assets at June 30, 2026 was as follows: | | | | | | | Remainder of 2026 | $ | 11,238,000 | | | 2027 | 20,241,000 | | | 2028 | 17,112,000 | | | 2029 | 17,013,000 | | | 2030 | 16,582,000 | | | Thereafter | 93,044,000 | | | $ | 175,230,000 | |
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