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OTHER LOSS, NET
 9 Months Ended
Sep. 30, 2023
Other Income and Expenses [Abstract]  
OTHER LOSS, NET

13. OTHER LOSS, NET

The following table summarizes other loss, net for each of the periods indicated:

 

 

 

For the Three Months Ended
September 30,

 

 

For the Nine Months Ended
September 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

 

(in thousands)

 

Accretion of investment discount, net

 

$

12,984

 

 

$

3,435

 

 

$

35,809

 

 

$

4,808

 

Interest income

 

 

9,838

 

 

 

4,780

 

 

 

27,532

 

 

 

7,362

 

Interest expense

 

 

(5,229

)

 

 

(14,736

)

 

 

(16,776

)

 

 

(46,560

)

(Loss) gain on contingent consideration, net

 

 

(2,000

)

 

 

6,700

 

 

 

(1,200

)

 

 

6,700

 

Impairment of equity investments

 

 

(27,500

)

 

 

—

 

 

 

(27,821

)

 

 

—

 

Other, net

 

 

(425

)

 

 

199

 

 

 

(235

)

 

 

(6,158

)

Other (expense) income, net

 

$

(12,332

)

 

$

378

 

 

$

17,309

 

 

$

(33,848

)

Gain from sale of Priority Review Voucher

 

 

—

 

 

 

—

 

 

 

102,000

 

 

 

—

 

Loss on debt extinguishment

 

 

—

 

 

 

(125,441

)

 

 

(387,329

)

 

 

(125,441

)

Total other loss, net

 

$

(12,332

)

 

$

(125,063

)

 

$

(268,020

)

 

$

(159,289

)