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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of the Carrying Amount of Goodwill
The following table presents the changes in the carrying amount of goodwill.
(in millions)Amount
Balance as of December 31, 2021$— 
Goodwill recognized in connection with business combination5.2 
Foreign currency translation adjustments0.2 
Balance as of December 31, 2022$5.4 
Schedule of Information Relating to our Recognized Intangible Assets
The following table presents information relating to our recognized intangible assets as of December 31, 2022.
(dollars in millions)Useful LifeGross Carrying AmountAccumulated AmortizationNet
Carrying Amount
Developed product rights10 years$34.3 $0.5 $33.8 
Acquired IPR&DIndefinite$3.4 $— 3.4 
Total intangible assets, net$37.2 
Schedule of Information Relating to our Recognized Intangible Assets
The following table presents information relating to our recognized intangible assets as of December 31, 2022.
(dollars in millions)Useful LifeGross Carrying AmountAccumulated AmortizationNet
Carrying Amount
Developed product rights10 years$34.3 $0.5 $33.8 
Acquired IPR&DIndefinite$3.4 $— 3.4 
Total intangible assets, net$37.2 
Schedule of Estimated Annual Amortization Expense for our Finite-Lived Intangible Assets
The following table presents the estimated annual amortization expense for our finite-lived intangible assets.
(in millions)Amount
Year ending December 31, 2023
$3.5 
Year ending December 31, 2024
$3.5 
Year ending December 31, 2025
$3.5 
Year ending December 31, 2026
$3.5 
Year ending December 31, 2027
$3.5 
Thereafter$16.3