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SEGMENTS AND CONCENTRATIONS (Tables)
 3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
SCHEDULE OF SEGMENT NET REVENUES

Segment net revenues, segment operating expenses and segment contribution information consisted of the following:

 

 

   Branded   Compounding   Consolidated   Branded   Compounding   Consolidated 
   Three Months Ended March 31, 2025   Three Months Ended March 31, 2024 
   Branded   Compounding   Consolidated   Branded   Compounding   Consolidated 
Product sales, net  $27,694,000   $20,051,000   $47,745,000   $13,790,000   $20,718,000   $34,508,000 
Other revenues   86,000    -    86,000    79,000    -    79,000 
Total revenues   27,780,000    20,051,000    47,831,000    13,869,000    20,718,000    34,587,000 
Cost of sales   8,181,000    7,343,000    15,524,000    3,678,000    6,875,000    10,553,000 
Gross profit   19,599,000    12,708,000    32,307,000    10,191,000    13,843,000    24,034,000 
Operating expenses                              
Selling, general and administrative   20,682,000    7,522,000    28,204,000    12,430,000    6,212,000    18,642,000 
Research and development   1,993,000    224,000    2,217,000    34,000    64,000    98,000 
Segment contribution  $(3,076,000)  $4,962,000   $1,886,000   $(2,273,000)  $7,567,000   $5,294,000 
Corporate   -    -    12,309,000    -    -    10,171,000 
Research and development             809,000              2,051,000 
Loss from operations            $(11,232,000)            $(6,928,000)
SCHEDULE OF REVENUES BY SEGMENT

Revenues by segment are further described as follows:

 

   For the Three Months Ended     
   March 31,     
   2025   2024   Variance 
IHEEZO  $5,222,000   $2,321,000   $2,901,000 
VEVYE   21,516,000    2,597,000    18,919,000 
Other branded products   956,000    8,872,000    (7,916,000)
Other revenues   86,000    79,000    7,000 
Branded revenue, net   27,780,000    13,869,000    13,911,000 
ImprimisRx revenue, net   20,051,000    20,718,000    (667,000)
Total revenues, net  $47,831,000   $34,587,000   $13,244,000