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Discontinued Operations (Tables) | 12 Months Ended
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Dec. 31, 2022
Discontinued Operations And Disposal Groups [Abstract] |
Disposal Groups, Including Discontinued Operations | The following table presents results of discontinued operations (in thousands):
|  | Year ended December 31,
|  | 2022 |  |  | 2021 |  |
Product revenue, net |  | $ | 80,749 |  |  | $ | 84,378 |  |
Cost of goods sold |  |  | 15,640 |  |  |  | 17,436 |  |
Gross profit |  |  | 65,109 |  |  |  | 66,942 |  |
Operating expenses: |  |  |  |  |  |  |  |  |
Selling and marketing |  |  | 75,208 |  |  |  | 108,195 |  |
General and administrative |  |  | 11,301 |  |  |  | 11,854 |  |
Research and development |  |  | 4,942 |  |  |  | 7,086 |  |
Restructuring charges |  |  | 6,180 |  |  |  | — |  |
Total operating expenses |  |  | 97,631 |  |  |  | 127,135 |  |
Loss from discontinued operations |  |  | (32,522 | ) |  |  | (60,193 | ) |
Other (expense) income: |  |  |  |  |  |  |  |  |
Gain on sale of vitaCare |  |  | 143,384 |  |  |  | — |  |
Gain on ANNOVERA sale |  |  | 62,031 |  |  |  | — |  |
Loss on the extinguishment of debt |  |  | (8,380 | ) |  |  | — |  |
Interest expense and other financing costs |  |  | (36,065 | ) |  |  | (32,917 | ) |
Expense for accretion of Series A Preferred Stock |  |  | (16,973 | ) |  |  | — |  |
Other income, net |  |  | — |  |  |  | — |  |
Total other income (expense), net |  |  | 143,997 |  |  |  | (32,917 | ) |
Loss before from income taxes |  |  | 111,475 |  |  |  | (93,110 | ) |
Provision for income taxes |  |  | (552 | ) |  |  | — |  |
Net income (loss) from discontinued operations |  | $ | 110,923 |  |  | $ | (93,110 | ) |
The following table presents the carrying amounts of the classes of assets and liabilities of discontinued operations as of December 31, 2022 and December 31, 2021 (in thousands):
|  | As of December 31, |
|  | 2022 |  |  | 2021 |
Assets: |  |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |  |
Cash |  | $ | — |  |  | $ | 215 |
Accounts receivable |  |  | — |  |  |  | 36,176 |
Inventory |  |  | — |  |  |  | 7,622 |
Prepaid and other current assets |  |  | — |  |  |  | 4,689 |
Total current assets |  |  | — |  |  |  | 48,702 |
Fixed assets, net |  |  | — |  |  |  | 376 |
License rights and other intangible assets, net |  |  | — |  |  |  | 33,174 |
Total assets |  | $ | — |  |  | $ | 82,252 |
Liabilities: |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |
Accounts payable |  | $ | 12,243 |  |  | $ | 16,945 |
Accrued expenses and other current liabilities |  |  | 13,588 |  |  |  | 30,966 |
Total current liabilities |  | $ | 25,831 |  |  | $ | 47,911 |

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