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Subsequent Events | 12 Months Ended
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Dec. 31, 2021
Subsequent Events [Abstract] |
Subsequent Events | Subsequent Events On March 16, 2022, Avadel Finance Cayman Limited, a Cayman Islands exempted company and an indirect wholly-owned subsidiary of the Company (the “Issuer”), executed an agreement to exchange $117,375 of its 2023 Notes due February 1, 2023 (the “February 2023 Notes”) for a new series of its Exchangeable Senior Notes due October 2, 2023 (the “October 2023 Notes”) (the “Exchange”). The remaining $26,375 aggregate principal amount of the February 2023 Notes will maintain a maturity date of February 1, 2023. Taking into consideration the Exchange and the maturity date of the October 2023 Notes and based on the Company’s current plans, the Company has sufficient cash on hand and available liquidity to satisfy its obligations and fund working capital needs for at least twelve months following the date of issuance of the Consolidated Financial Statements. The Company has a recent history of generating losses from operations including during 2021 and expects to continue generating losses over the next twelve months. Similar to other businesses in the Company’s industry and at its stage of development, the Company will continue in the medium term to rely on external sources of capital to fund its business.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6842918&loc=SL6314017-165662 + Details
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