v3.26.1
Acquisition of Melinta (Tables)
6 Months Ended
Jun. 30, 2026
Business Combination [Abstract]  
Schedule of Contingent Consideration Liability using Unobservable Level 3 Inputs The following tables summarize the change in fair value, as determined by Level 3 inputs, for the contingent consideration liability using unobservable Level 3 inputs for the six months ended June 30, 2026:
Contingent
Consideration
Balance as of December 31, 2025$102,116 
Payments against contingent consideration(1,348)
Change in fair value of contingent consideration liability10,851 
Balance as of June 30, 2026$111,619 
Schedule of Key Assumptions and Inputs in the Fair Value The following table summarizes key assumptions and inputs used in the fair value simulation as of the valuation dates:
Valuation DatesJune 30,
2026
December 31,
2025
Risk-free rate over simulated period4.49 %4.30 %
Net sales of REZZAYO product volatility70 %75 %
Net sales REZZAYO product discount rate (continuous)13.20 %13.15 %
Net sales MINOCIN product discount rate (continuous)10.10 %8.75 %
Earnout payment discount rate (continuous)6.16 %7.13 %
REZZAYO Milestone payment discount rate5.64 %6.25 %
Schedule of Unaudited Pro Forma Financial Information
For the Three Months Ended
June 30,
For the Six Months Ended
June 30,
20252025
Total Revenue$73,042 $141,881 
Net Income$14,389 $27,304 
Net Income Per Common Share – Basic$0.21 $0.41 
Net Income Per Common Share – Diluted$0.19 $0.37