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Pelthos Transaction (Tables) | 9 Months Ended
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Sep. 30, 2025
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of Equity Method Investments |
| Pelthos Series A preferred shares | Pelthos common shares | Total
Fair value on July 1, 2025 | $ | 43,192 |  | $ | 18,900 |  | $ | 62,092 |
Change in fair value for the three months ended September 30, 2025 | 52,786 |  | 23,100 |  | 75,886 |
Fair value on September 30, 2025 | $ | 95,978 |  | $ | 42,000 |  | $ | 137,978 |
Schedule of Carrying Amounts of Major Classes of Assets and Liabilities Related to Assets Held for Sale | Net assets sold, and cash consideration paid were as follows (in thousands):
| July 1, 2025
Cash and cash equivalents | $ | 2,817 |
Accounts receivable, net | 48 |
Other current assets | 7,910 |
Property and equipment, net | 11,091 |
Intangible assets, net | 8,501 |
Goodwill | 3,709 |
Operating lease right-of-use assets | 3,625 |
Other assets | 4,812 |
Accounts payable | (993) |
Accrued liabilities | (3,894) |
Deferred revenue | (2,835) |
Operating lease liabilities | (3,566) |
Short-term bridge loan | (6,963) |
Deferred income taxes, net | (3,069) |
Other long-term liabilities | (17,441) |
Net assets sold | 3,752 |
Cash consideration paid | 5,268 |
Net assets sold and cash consideration paid | $ | 9,020 |
Schedule of Fair value of the consideration received | Fair value of the consideration received included the following (in thousands):
Equity method investment (common shares) | $ | 18,900 |
Other investment (Series A preferred shares) | 43,192 |
Total consideration received | 62,092 |
Net assets sold and cash consideration paid | 9,020 |
Gain from Pelthos Transaction | $ | 53,072 |

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