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Investment, Related Party
12 Months Ended
Dec. 31, 2024
Investments, All Other Investments [Abstract]  
Investment, Related Party

6. Investment, Related Party

 

As of December 31, 2024 and December 31, 2023, our investment in equity securities consisted solely of 3,019 and 8,450, common shares of Biofrontera AG, respectively (See Note 13. Related Party Transactions). Equity securities gains and losses include unrealized gains and losses from changes in fair values during the period on equity securities we still own, as well as gains and losses on securities we sold or transferred during the period. As reflected in the consolidated statements of cash flows, we received proceeds from sales of equity securities of approximately $0.1 million and $0.6 million during the year ended December 31, 2024 and 2023, respectively.

 Schedule of Related Party Investments in Equity Securities

(in thousands): 

December 31, 2024

  

December 31, 2023

 
Net losses recognized during the period on equity securities  $(14)  $(7,421)
Less: Net realized losses on equity securities sold or transferred   98    7,219 
Unrealized losses recognized during the reporting period on equity securities still held at the reporting date   (84)   (202)