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OTHER (LOSS) INCOME, NET (Tables)
12 Months Ended
Dec. 31, 2023
Other Income and Expenses [Abstract]  
Summary of Other (Loss) Income, Net

The following table summarizes other (loss) income, net for the periods indicated:

 

 

 

For the Year Ended December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

 

 

(in thousands)

 

Interest expense

 

$

(22,010

)

 

$

(53,248

)

 

$

(63,525

)

Interest income

 

 

36,257

 

 

 

16,488

 

 

 

354

 

Accretion of investment discount, net

 

 

49,712

 

 

 

11,235

 

 

 

157

 

(Loss) gain on contingent consideration, net*

 

 

(1,200

)

 

 

6,700

 

 

 

7,200

 

Impairment of strategic investments

 

 

(30,321

)

 

 

(2,575

)

 

 

(4,488

)

Other, net

 

 

617

 

 

 

(6,921

)

 

 

(936

)

Other income (expense), net

 

$

33,055

 

 

$

(28,321

)

 

$

(61,238

)

Loss on debt extinguishment

 

 

(387,329

)

 

 

(125,441

)

 

 

 

Gain from sale of Priority Review Voucher

 

 

102,000

 

 

 

 

 

 

102,000

 

Total other (loss) income, net

 

$

(252,274

)

 

$

(153,762

)

 

$

40,762