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License and Acquired Intangibles, Net (Tables)

6 Months Ended

Jun. 30, 2025

Finite-Lived Intangible Assets, Net [Abstract]

Schedule of Finite-Lived Intangible Assets

The following table presents the Company’s intangible assets at June 30, 2025 (in thousands):


		Gross Carrying Value				Accumulated Amortization				Net Carrying Value
Intangible assets:
License and acquired intangibles for RUZURGI®		$	33,569			$	6,899			$	26,670
License and acquired intangibles for FYCOMPA®			158,143				77,116				81,027
License and acquired intangibles for AGAMREE®			36,000				5,714				30,286
Total		$	227,712			$	89,729			$	137,983

The following table presents the Company’s intangible assets at December 31, 2024 (in thousands):


		Gross Carrying Value				Accumulated Amortization				Net Carrying Value
Intangible assets:
License and acquired intangibles for RUZURGI®		$	33,569			$	5,739			$	27,830
License and acquired intangibles for FYCOMPA®			158,143				61,301				96,842
License and acquired intangibles for AGAMREE®			36,000				4,000				32,000
Total		$	227,712			$	71,040			$	156,672

Schedule of Finite-Lived, Future Amortization Expense

The following table presents future amortization expense the Company expects for its intangible assets (in thousands):


2025 (remaining six months)		$	18,689
2026			37,378
2027			37,378
2028			7,705
2029			5,750
Thereafter			31,083
Total		$	137,983