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BUSINESS COMBINATION (Tables) | 9 Months Ended
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Sep. 30, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract] |
Schedule of business acquisitions, by acquisition | Purchase consideration consisted of the following:
(In thousands, except share price and exchange ratio) |  | Purchase Consideration
Alimera common shares outstanding |  | 53,971 |
Alimera warrants outstanding after exercise |  | 989 |
Alimera common shares and warrants outstanding |  | 54,960 |
Cash consideration per share |  | $ | 5.50 |
Cash consideration for Alimera Common Stock |  | $ | 302,280 |
Repayment of Alimera Debt |  | 78,540 |
Payment of Alimera transaction costs |  | 20,172 |
Cash settlement for pre-acquisition equity awards |  | 9,535 |
Fair value of CVRs |  | 8,322 |
Total Merger Consideration |  | $ | 418,849 |
Schedule of recognized identified assets acquired and liabilities assumed |
(in thousands) |  | Preliminary Purchase Price Allocation | Measurement Period Adjustment | Final Purchase Price Allocation
Cash and cash equivalents |  | $ | 9,247 |  | $ | — |  | $ | 9,247 |
Accounts receivable |  | 38,605 |  | 175 |  | 38,780 |
Prepaid expenses and other assets |  | 2,618 |  | — |  | 2,618 |
Inventories |  | 19,457 |  | (1,559) |  | 17,898 |
Property and equipment |  | 3,086 |  | — |  | 3,086 |
Intangible assets |  | 400,000 |  | — |  | 400,000 |
Deferred tax asset, net of deferred tax liabilities and valuation allowance |  | 198 |  | (84) |  | 114 |
Derivative and other non-current assets |  | 1,224 |  | — |  | 1,224 |
Total assets |  | $ | 474,435 |  | $ | (1,468) |  | $ | 472,967 |
Accounts payable |  | $ | 8,001 |  | $ | — |  | $ | 8,001 |
Accrued expenses and other |  | 11,396 |  | 976 |  | 12,372 |
Accrued government rebates |  | — |  | 385 |  | 385 |
Returned goods reserve |  | 3,095 |  | (2,600) |  | 495 |
Current accrued licensor payment |  | 3,684 |  | — |  | 3,684 |
Accrued licensor payment, net of current |  | 21,316 |  | — |  | 21,316 |
Deferred tax liability |  | 37,932 |  | 1,828 |  | 39,760 |
Other non-current liabilities |  | 2,364 |  | — |  | 2,364 |
Total liabilities |  | $ | 87,788 |  | $ | 589 |  | $ | 88,377 |
Total fair value of consideration transferred |  | $ | 418,849 |  | $ | — |  | $ | 418,849 |
Less: fair value of net acquired identifiable assets and liabilities |  | 386,647 |  | (2,057) |  | 384,590 |
Goodwill |  | $ | 32,202 |  | $ | 2,057 |  | $ | 34,259 |
Schedule of finite-lived intangible assets acquired as part of business combination | The following table summarizes the estimated fair value of identifiable intangible assets acquired and their remaining amortization period (in years):
(in thousands) | Fair Value |  | Amortization Period
ILUVIEN | $ | 230,000 |  |  | 12
YUTIQ | $ | 170,000 |  |  | 12

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