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Related Party Transactions (Tables)
 9 Months Ended
Sep. 30, 2024
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
The following table summarizes the Company’s related party transactions (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
Related Party and Nature of TransactionCaption in Balance Sheet and Statement of Operations2024202320242023
Kashiv Biosciences LLC
Sale of subsidiary - gain on sale Other income, net$— $— $(3,760)$— 
Sale of subsidiary - interest income on loan receivableInterest expense, net$(198)$— $(330)$— 
Parking space leaseResearch and development$25 $25 $75 $75 
Development and commercialization agreement - Ganirelix Acetate and Cetrorelix AcetateResearch and development$— $(75)$— $(25)
Development and commercialization agreement - Filgrastim and Pegfilgrastim - Royalty expense (Releuko and Fylnetra)Cost of goods sold$3,021 $844 $11,741 $988 
Storage agreementResearch and development$(63)$(18)$(189)$(100)
Inventory purchases under development and commercialization agreement - Filgrastim and Pegfilgrastim (Releuko and Fylnetra)Inventory and cost of goods sold$2,783 $90 $6,425 $590 
Generic development supply agreement - research and development materialResearch and development$(633)$(2,209)$(681)$(2,209)
Generic development supply agreement - development activity deferred incomeAccounts payable and accrued expenses and net revenue$— $(246)$(422)$(246)
Development and commercialization agreement - Long-acting injectableResearch and development$— $— $500 $— 
Development and commercialization agreement - OmaluzimabResearch and development$20,000 $— $20,000 $— 
Other Related Parties
Sellers Notes - interest expenseInterest expense, net$266 $— $9,986 $— 
Kanan, LLC - operating leaseInventory and cost of goods sold$592 $592 $1,776 $1,750 
Sutaria Family Realty, LLC - operating leaseInventory and cost of goods sold$324 $314 $962 $933 
Apace KY, LLC d/b/a Apace Packaging LLC - packaging agreementInventory and cost of goods sold$4,689 $5,528 $14,910 $11,095 
Tracy Properties LLC - operating leaseSelling, general and administrative$98 $258 $462 $521 
AzaTech Pharma LLC - supply agreementInventory and cost of goods sold$3,771 $2,588 $9,016 $5,132 
AvPROP, LLC - operating leaseSelling, general and administrative$45 $44 $139 $134 
Avtar Investments, LLC - consulting servicesResearch and development$66 $70 $195 $267 
AlkermesInventory and cost of goods sold$83 $232 $189 $322 
R&S Solutions - logistics servicesSelling, general and administrative$— $46 $— $86 
Members - tax receivable agreement (TRA liability)Increase in tax receivable agreement liability$11,327 $677 $26,719 $1,908 
The following table summarizes the amounts due to or from the Company for related party transactions (in thousands):
September 30, 2024December 31, 2023
Kashiv - sale of subsidiary, including interest$7,474 $— 
Kashiv - various agreements1,096 954 
Alkermes7 1 
AzaTech Pharma LLC - supply agreement2 — 
Related party receivables - short term $8,579 $955 
Kashiv - various agreements$5,309 $3,179 
Apace Packaging, LLC - packaging agreement1,335 1,091 
AzaTech Pharma LLC - supply agreement1,923 1,958 
Avtar Investments LLC - consulting services64 100 
Sellers of AvKARE LLC and R&S - accrued interest on Sellers Notes
— 442 
Members - tax receivable agreement4,289 549 
Alkermes Plc2 2 
Related party payables - short term $12,922 $7,321 
Kashiv - contingent consideration
$— $430 
Sellers of AvKARE LLC and R&S - accrued interest on Sellers Notes
— 8,139 
Members - tax receivable agreement26,186 3,207 
Related party payables - long term $26,186 $11,776