XML 54 R36.htm IDEA: XBRL DOCUMENT v3.25.1
Business, Basis of Presentation, New Accounting Standards and Summary of Significant Accounting Policies (Details) - USD ($)
$ / shares in Units, $ in Thousands
 11 Months Ended 12 Months Ended
Nov. 15, 2023
Aug. 31, 2023
Jun. 29, 2023
Dec. 31, 2023
Dec. 31, 2034
Dec. 31, 2024
Dec. 31, 2023
Jun. 30, 2023
May 01, 2023
Business, basis of presentation, new accounting standards and summary of significant accounting policies [Line Items]                  
Period of royalty payments           20 years      
Cash payment           $ 140,000      
Acquisition of net working capital           12,100      
Cash received for prepaid royalties           1,000      
Royalty payment           $ 257      
Quarterly royalty payment, interest per annum           19.00%      
Additional fund   $ 1,500              
Common stock issued (in Shares)       11,532,000   11,532,000 11,532,000    
Common stock price per share (in Dollars per share)       $ 0.001   $ 0.001 $ 0.001    
Cash FDIC insured amount           $ 250      
Payments to acquire businesses           140,000      
Additional milestone payments to be received on achievement of sales milestone payments           30,000      
Aggregate minimum annual royalty payments due           $ 42,600      
Present value of annual minimum royalty discount rate           10.45%      
License sales           $ 1,761 $ 1,302    
License revenue       $ 1,003   1,123 1,003    
Royalty sales       490   1,083 490    
Contract assets       $ 21,574   $ 19,572 $ 21,574    
Number of authorized shares of common stock (in Shares)       12,000,000   32,000,000 12,000,000    
Restructuring costs       $ 2,459     $ 2,459    
Royalty Agreements [Member]                  
Business, basis of presentation, new accounting standards and summary of significant accounting policies [Line Items]                  
Decrease in royalty rate on product-by-product basis           2.00%      
Minimal annual royalty payment             3,000    
Minimum [Member]                  
Business, basis of presentation, new accounting standards and summary of significant accounting policies [Line Items]                  
Number of authorized shares of common stock (in Shares)               12,000,000  
Maximum [Member]                  
Business, basis of presentation, new accounting standards and summary of significant accounting policies [Line Items]                  
Number of authorized shares of common stock (in Shares)               32,000,000  
Mayne License Agreement [Member]                  
Business, basis of presentation, new accounting standards and summary of significant accounting policies [Line Items]                  
Period of royalty payments           20 years      
Decrease in royalty rate on product-by-product basis           2.00%      
Minimal annual royalty payment           $ 3,000      
Period of minimal annual royalty payment           12 years      
Inflation rate adjusted for minimal annual royalty payment           3.00%      
Prepaid royalties           $ 1,000      
Royalty payment payable under long term service agreement           1,500      
Royalty payment held   600              
Additional fund   $ 900              
Rubric Capital Management L P [Member]                  
Business, basis of presentation, new accounting standards and summary of significant accounting policies [Line Items]                  
Common stock issued (in Shares) 877,192               5,000,000
Common stock price per share (in Dollars per share) $ 2.2761               $ 0.001
Sold shares of common stock (in Shares)     312,525            
Price per share (in Dollars per share)     $ 3.6797            
Gross proceeds $ 2,000   $ 1,150            
Theramex License Agreements [Member] | Bijuvas [Member]                  
Business, basis of presentation, new accounting standards and summary of significant accounting policies [Line Items]                  
License sales       $ 268   443 $ 268    
Theramex License Agreements [Member] | IMVEXXY [Member]                  
Business, basis of presentation, new accounting standards and summary of significant accounting policies [Line Items]                  
License sales           195      
Forecast [Member] | Royalty Agreements [Member]                  
Business, basis of presentation, new accounting standards and summary of significant accounting policies [Line Items]                  
Inflation rate adjusted for minimal annual royalty payment         3.00%        
Milestone Payments One [Member] | Royalty Agreements [Member]                  
Business, basis of presentation, new accounting standards and summary of significant accounting policies [Line Items]                  
Threshold annual net sales to determine royalty rate           80,000      
Milestone Payments One [Member] | Mayne License Agreement [Member]                  
Business, basis of presentation, new accounting standards and summary of significant accounting policies [Line Items]                  
Milestone payments           5,000      
Net sales amount to determine one-time milestone payment           100,000      
Milestone Payments Two [Member] | Mayne License Agreement [Member]                  
Business, basis of presentation, new accounting standards and summary of significant accounting policies [Line Items]                  
Milestone payments           10,000      
Net sales amount to determine one-time milestone payment           200,000      
Milestone Payments Three [Member] | Mayne License Agreement [Member]                  
Business, basis of presentation, new accounting standards and summary of significant accounting policies [Line Items]                  
Milestone payments           15,000      
Net sales amount to determine one-time milestone payment           $ 300,000      
Royalty Rate One [Member] | Royalty Agreements [Member]                  
Business, basis of presentation, new accounting standards and summary of significant accounting policies [Line Items]                  
Royalty rate as percentage on net sales           8.00%      
Threshold annual net sales to determine royalty rate           $ 80,000      
Royalty Rate One [Member] | Mayne License Agreement [Member]                  
Business, basis of presentation, new accounting standards and summary of significant accounting policies [Line Items]                  
Royalty rate as percentage on net sales           8.00%      
Royalty Rate One [Member] | Mayne License Agreement [Member] | Mayne Pharma [Member]                  
Business, basis of presentation, new accounting standards and summary of significant accounting policies [Line Items]                  
Royalty rate as percentage on net sales           8.00%      
Threshold annual net sales to determine royalty rate           $ 80,000      
Royalty Rate Two [Member] | Royalty Agreements [Member]                  
Business, basis of presentation, new accounting standards and summary of significant accounting policies [Line Items]                  
Royalty rate as percentage on net sales           7.50%      
Royalty Rate Two [Member] | Mayne License Agreement [Member]                  
Business, basis of presentation, new accounting standards and summary of significant accounting policies [Line Items]                  
Net sales amount to determine one-time milestone payment           $ 80,000      
Royalty rate as percentage on net sales           7.50%      
Royalty Rate Two [Member] | Mayne License Agreement [Member] | Mayne Pharma [Member]                  
Business, basis of presentation, new accounting standards and summary of significant accounting policies [Line Items]                  
Royalty rate as percentage on net sales           7.50%      
Threshold annual net sales to determine royalty rate           $ 80,000