v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 566 $ 4,955
Marketable securities 15 6,026
Accounts receivable, net 6,439 15,244
Note receivable, net 19,200 0
Inventory 4,171 4,789
Prepaid expenses and other current assets 5,844 7,344
Total current assets 36,235 38,358
Property and equipment, net 12,766 13,599
Operating lease right-of-use asset 14,047 14,818
Intangibles, net 57,611 59,088
Investments 5,131 1,000
Equity method investment, at fair value 56,607 159,403
Digital assets 56,138 64,711
Goodwill 13,481 13,481
Other long term assets 1,546 523
Total assets 253,562 364,981
Current liabilities:    
Accounts payable 121,050 86,266
Accrued payroll 4,108 3,270
Accrued rebates and fees 256,057 231,756
Accrued expenses 38,988 66,414
Current portion of deferred consideration 388 407
Debt, current 80,806 83,262
Promissory notes 2,231 3,517
Purchased revenue liability, current 3,117 3,764
Current portion of operating lease liabilities 2,241 1,733
Other current liabilities 3,256 3,263
Total current liabilities 512,242 483,652
Long-term portion of deferred consideration 1,852 2,041
Debt, net of issuance costs 0 22,480
Purchased revenue liability, net of current portion 5,081 4,636
Derivative liabilities 32,186 50,599
Operating lease liabilities, net of current portion 12,509 13,151
Other long-term liabilities 180 174
Total liabilities 564,050 576,733
Commitments and contingencies (See Note 12)
Stockholders' deficit:    
Common stock, $0.0001 par value, 740,000,000 shares authorized; 8,493,000 shares issued and 7,034,737 shares outstanding as of June 30, 2026; 8,491,267 shares issued and 7,033,004 shares outstanding as of December 31, 2025 1 1
Additional paid-in capital 854,130 796,721
Accumulated other comprehensive loss (6,982) (5,803)
Accumulated deficit (1,078,556) (921,786)
Treasury stock, at cost; 1,458,263 shares as of June 30, 2026 and December 31, 2025 (76,915) (76,915)
Total Scilex Holding Company stockholders' deficit (308,322) (207,781)
Noncontrolling interests (2,166) (3,971)
Total stockholders' deficit (310,488) (211,752)
Total liabilities and stockholders' deficit 253,562 364,981
Series A Preferred Stock [Member]    
Stockholders' deficit:    
Preferred Stock, Value 0 0
Series 1 Preferred Stock [Member]    
Stockholders' deficit:    
Preferred Stock, Value $ 0 $ 1