DIVESTITURES (Tables)

12 Months Ended

Dec. 31, 2023

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Results, Assets and Liabilities of Discontinued Operations

Results of discontinued operations are as follows (in thousands):

	Year Ended December 31,
	2023		2022		2021
Net product sales	$	66,164	$	102,558	$	95,654
Total revenue	66,164		102,558		95,654
Operating expenses:
Cost of goods sold	1,899		3,172		2,966
Research and development	6,118		8,447		9,169
Selling, general and administrative	19,500		22,686		23,599
Change in fair value of contingent consideration	(473)		15,006		22,260
Total operating expenses	27,044		49,311		57,994
Operating income	39,120		53,247		37,660
Other income (expenses), net:
Interest expense	(191)		(261)		(459)
Gain on disposal of discontinued operations, net of tax	226,005		—		—
Total other income (expense), net	225,814		(261)		(459)
Income from discontinued operations before income tax	264,934		52,986		37,201
Income tax on discontinued operations	—		—		—
Net income from discontinued operations	$	264,934	$	52,986	$	37,201

Assets and liabilities of discontinued operations presented in the Consolidated Balance Sheets as of December 31, 2022 include the following (in thousands):

	December 31, 2022
Assets
Current assets:
Inventory	$	2,399
Prepaid expenses and other current assets	591
Total current assets of discontinued operations	2,990
Intangible assets, net	47,965
Other assets	377
Total assets of discontinued operations	$	51,332
Liabilities
Current liabilities:
Business combination-related contingent consideration, current portion	$	7,000
Total current liabilities of discontinued operations	7,000
Business combination-related contingent consideration, less current portion	64,200
Total liabilities of discontinued operations	$	71,200