v3.26.3
Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue by Product Group
The following table presents the Company's revenues, disaggregated by revenue source from continuing operations:
Three Months Ended September 30,Nine Months Ended
September 30,
(in thousands)2026202520262025
Custom Manufacturing1
$18,748 $12,802 $49,054 $40,591 
Core Technology2
7,188 6,895 20,641 15,592 
Distribution3
1,199 — 2,523 — 
Net sales$27,135 $19,697 $72,218 $56,183 
1Custom Manufacturing includes tolling, dedicated manufacturing and other manufacturing in which the customer formulation or intellectual property is owned by the customer
2Core technology includes product groups in which Ascent owns the right to the formulation or the intellectual property used in the manufacturing process
3Distribution includes product groups in which Ascent does not perform a manufacturing process over purchased material from the supplier
Schedule of Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction The following table represents the Company's revenue recognized at a point-in-time and over-time:
Three Months Ended September 30,Nine Months Ended
September 30,
(in thousands)2026202520262025
Point-in-time$20,980 $16,322 $57,668 $41,640 
Over-time$6,155 $3,375 $14,550 $14,543