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Discontinued Operations (Tables) | 6 Months Ended
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Jun. 30, 2023
Discontinued Operations and Disposal Groups [Abstract] |
Disposal Groups, Including Discontinued Operations | The following table presents results of discontinued operations (in thousands):
|  | Three months ended June, 30 |  |  | Six Months Ended June 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Product revenue, net |  | $ | — |  |  | $ | 28,213 |  |  | $ | — |  |  | $ | 46,851 |
Cost of goods sold |  |  | — |  |  |  | 4,392 |  |  |  | — |  |  |  | 8,557 |
Gross profit |  |  | — |  |  |  | 23,821 |  |  |  | — |  |  |  | 38,294 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Selling and marketing |  |  | — |  |  |  | 23,679 |  |  |  | — |  |  |  | 42,574 |
General and administrative |  |  | — |  |  |  | 2,535 |  |  |  | 335 |  |  |  | 5,050 |
Research and development |  |  | — |  |  |  | 1,580 |  |  |  | — |  |  |  | 2,980 |
Depreciation & a mortization |  |  | — |  |  |  | 11 |  |  |  | — |  |  |  | 28 |
Total operating expenses |  |  | — |  |  |  | 27,805 |  |  |  | 335 |  |  |  | 50,632 |
Operating profit (loss) from discontinued operations |  |  | — |  |  |  | (3,984 | ) |  |  | (335 | ) |  |  | (12,338 | )
Other income (expense), net |  |  | — |  |  |  | 131,138 |  |  |  | (958 | ) |  |  | 108,346 |
Total other income (expense), net |  |  | — |  |  |  | 131,138 |  |  |  | (958 | ) |  |  | 108,346 |
Net income (loss) from discontinued operations |  | $ | — |  |  | $ | 127,154 |  |  | $ | (1,293 | ) |  | $ | 96,008 |
The following table presents the carrying amounts of the classes of assets and liabilities of discontinued operations as of June 30, 2023 and December 31, 2022 (in thousands):
|  | June 30, 2023 |  |  | December 31, 2022 |
Liabilities: |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |
Accounts payable |  | $ | 64 |  |  | $ | 12,243 |
Accrued expenses and other current liabilities |  |  | 1,308 |  |  |  | 13,588 |
Total current liabilities |  | $ | 1,372 |  |  | $ | 25,831 |

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