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Unaudited Quarterly Operating Results (Tables)

12 Months Ended

Dec. 31, 2024


		First		Second		Third		Fourth
Year Ended December 31, 2024		Quarter		Quarter		Quarter		Quarter
Product revenues, net	$	144,923	$	145,276	$	159,301	$	181,949
Cost of product revenues
Cost of product revenues (excluding intangible asset amortization)		18,950		19,955		21,706		28,190
Intangible asset amortization and impairment		34,517		34,515		40,801		55,471
Total cost of products revenues		53,467		54,470		62,507		83,661
Gross profit		91,456		90,806		96,794		98,288
Operating expenses
Selling, general and administrative		41,982		43,335		61,955		63,091
Gain on fair value remeasurement of contingent consideration		—		—		—		(2,914)
Total operating expenses		41,982		43,335		61,955		60,177
Income from operations		49,474		47,471		34,839		38,111
Interest expense		(17,339)		(15,587)		(18,394)		(22,654)
Interest income		4,487		4,397		3,280		1,812
Loss on extinguishment of debt		—		(7,184)		(4,145)		—
Income (loss) before income taxes		36,622		29,097		15,580		17,269
Provision for income taxes		8,909		9,491		6,245		4,733
Net income	$	27,713	$	19,606	$	9,335	$	12,536

Earnings (loss) per share — basic	$	0.86	$	0.60	$	0.29	$	0.39
Weighted-average shares — basic		32,326,589		32,433,025		32,259,468		32,078,621

Earnings (loss) per share — diluted	$	0.71	$	0.52	$	0.27	$	0.36
Weighted-average shares — diluted		41,438,466		40,383,694		40,163,266		40,109,649


		First		Second		Third		Fourth
Year Ended December 31, 2023		Quarter		Quarter		Quarter		Quarter
Product revenues, net	$	144,767	$	135,546	$	136,709	$	149,745
Cost of product revenues
Cost of product revenues (excluding intangible asset amortization)		29,899		24,257		20,081		20,601
Intangible asset amortization and impairment		37,466		37,463		36,317		34,514
Total cost of products revenues		67,365		61,720		56,398		55,115
Gross profit		77,402		73,826		80,311		94,630
Operating expenses
Selling, general and administrative		52,775		38,193		35,298		32,942
Total operating expenses		52,775		38,193		35,298		32,942
Income from operations		24,627		35,633		45,013		61,688
Interest expense		(21,427)		(21,863)		(20,768)		(19,281)
Interest income		2,747		4,027		4,538		4,303
Loss on extinguishment of debt		(23,504)		—		—		—
(Loss) income before income taxes		(17,557)		17,797		28,783		46,710
(Benefit from) provision for income taxes		(131)		4,790		8,149		14,770
Net income	$	(17,426)	$	13,007	$	20,634	$	31,940

(Loss) earnings per share — basic	$	(0.51)	$	0.38	$	0.61	$	0.99
Weighted-average shares — basic		34,319,291		34,622,284		33,744,209		32,301,211

(Loss) earnings per share — diluted	$	(0.51)	$	0.34	$	0.53	$	0.82
Weighted-average shares — diluted		34,319,291		42,849,952		42,058,821		41,279,981