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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets  
Schedule of changes in the carrying amount of goodwill

Amount

Balance as of December 31, 2022

$

133,695

Measurement period adjustments from BDSI Acquisition

162

Balance as of December 31, 2023

$

133,857

Goodwill resulting from Ironshore Acquisition

28,476

Balance as of December 31, 2024

$

162,333

Schedule of cost, accumulated amortization and carrying amount of intangible assets

As of December 31, 2024

As of December 31, 2023

Cost

Accumulated Amortization

Carrying Amount

Cost

Accumulated Amortization

Carrying Amount

Jornay

$

635,000

$

(27,242)

$

607,758

$

$

$

Belbuca

360,000

(209,214)

150,786

360,000

(133,821)

226,179

Nucynta Products (1)

521,170

(438,094)

83,076

521,170

(382,710)

138,460

Symproic

70,000

(20,218)

49,782

70,000

(12,931)

57,069

Elyxyb

Total intangibles

$

1,586,170

$

(694,768)

$

891,402

$

951,170

$

(529,462)

$

421,708

Schedule of amortization and impairment expense

Years Ended December 31,

 

2024

 

2023

 

2022

Jornay

    

$

27,242

    

$

    

$

Belbuca

75,393

75,393

58,428

Nucynta Products (1)

55,384

63,082

67,181

Symproic

7,285

7,285

5,646

Elyxyb (2)

5,000

Total amortization and impairment expense

$

165,304

$

145,760

$

136,255

(1)During the year ended December 31, 2023, the United States Food and Drug Administration (“FDA”) granted New Patient Population exclusivity in pediatrics for Nucynta IR which extends the period of U.S. exclusivity for Nucynta IR to July 3, 2026, resulting in an extension of the estimated useful life of the underlying intangible asset from 8.0 years to 8.5 years.
(2)Includes $214 of amortization expense and $4,786 of impairment expense.
Schedule of future amortization expenses

Years ended December 31,

Jornay

Belbuca

Nucynta Products

Symproic

Total

2025

$

83,829

$

75,393

$

55,384

$

7,285

$

221,891

2026

83,829

75,393

27,692

7,285

194,199

2027

83,829

7,285

91,114

2028

83,829

7,285

91,114

2029

83,829

7,285

91,114

Thereafter

188,613

13,357

201,970

Remaining amortization expense

$

607,758

$

150,786

$

83,076

$

49,782

$

891,402