$ASRT
Assertio Holdings Inc

2020 Q4 Form 10-Q Financial Statement

#000180866520000057 Filed on November 06, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q4
Revenue $30.20M $34.57M $59.20M
YoY Change -48.99% -37.32% 38.97%
Cost Of Revenue $6.800M $6.500M $2.600M
YoY Change 161.54% 195.45% 271.43%
Gross Profit $23.40M $28.10M $56.70M
YoY Change -58.73% -46.88% 35.32%
Gross Profit Margin 77.48% 81.3% 95.78%
Selling, General & Admin $23.10M $27.61M $22.90M
YoY Change 0.87% -23.56% -10.2%
% of Gross Profit 98.72% 98.25% 40.39%
Research & Development $200.0K $1.316M $5.600M
YoY Change -96.43% -10.84% 154.55%
% of Gross Profit 0.85% 4.68% 9.88%
Depreciation & Amortization $6.900M $600.0K $25.70M
YoY Change -73.15% 100.0% 0.0%
% of Gross Profit 29.49% 2.14% 45.33%
Operating Expenses $29.90M $28.92M $53.90M
YoY Change -44.53% -23.06% 1.51%
Operating Profit -$6.500M -$6.675M $2.800M
YoY Change -332.14% -34.13% -125.0%
Interest Expense $9.600M $3.050M -$6.600M
YoY Change -245.45% -78.01% -59.76%
% of Operating Profit -235.71%
Other Income/Expense, Net -$1.800M -$2.797M $6.600M
YoY Change -127.27% -123.81% 3200.0%
Pretax Income -$35.30M -$9.472M -$197.5M
YoY Change -82.13% -686.14% 569.49%
Income Tax -$11.00M $1.050M -$4.900M
% Of Pretax Income
Net Earnings -$24.40M -$10.52M -$192.6M
YoY Change -87.33% -415.88% 699.17%
Net Earnings / Revenue -80.79% -30.44% -325.34%
Basic Earnings Per Share -$0.35
Diluted Earnings Per Share -$813.3K -$0.35 -$9.535M
COMMON SHARES
Basic Shares Outstanding 107.2M shares 29.89M shares
Diluted Shares Outstanding 29.89M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $20.80M $34.70M $42.10M
YoY Change -50.59% -35.98% -62.04%
Cash & Equivalents $20.79M $34.74M $42.11M
Short-Term Investments
Other Short-Term Assets $17.40M $17.10M $14.90M
YoY Change 16.78% -24.67% -73.67%
Inventory $11.71M $13.47M $3.412M
Prepaid Expenses
Receivables $44.35M $39.22M $42.74M
Other Receivables $0.00 $700.0K $200.0K
Total Short-Term Assets $94.25M $104.5M $104.0M
YoY Change -9.33% -16.0% -50.05%
LONG-TERM ASSETS
Property, Plant & Equipment $2.437M $3.773M $3.497M
YoY Change -30.31% -45.32% -73.31%
Goodwill $9.008M $0.00
YoY Change
Intangibles $200.1M $206.6M $400.5M
YoY Change -50.05%
Long-Term Investments $1.600M $13.10M
YoY Change -87.79% 11.02%
Other Assets $6.501M $8.896M $6.123M
YoY Change 6.17% 535.43% -21.5%
Total Long-Term Assets $209.0M $228.3M $423.2M
YoY Change -50.61% -63.9% -41.61%
TOTAL ASSETS
Total Short-Term Assets $94.25M $104.5M $104.0M
Total Long-Term Assets $209.0M $228.3M $423.2M
Total Assets $303.3M $332.8M $527.2M
YoY Change -42.47% -56.03% -43.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $14.81M $22.98M $16.19M
YoY Change -8.55% 1.24% 165.46%
Accrued Expenses $28.86M $33.06M $18.95M
YoY Change 52.33% -67.9% -84.05%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $11.94M $11.01M $80.00M
YoY Change -85.07% -86.24% -33.33%
Total Short-Term Liabilities $132.7M $131.4M $184.6M
YoY Change -28.1% -36.13% -24.98%
LONG-TERM LIABILITIES
Long-Term Debt $72.16M $77.24M $271.3M
YoY Change -73.4% -72.96% -39.19%
Other Long-Term Liabilities $11.14M $13.05M $13.23M
YoY Change -15.83% -23.68% -35.13%
Total Long-Term Liabilities $83.30M $90.29M $284.5M
YoY Change -70.72% -70.17% -39.02%
TOTAL LIABILITIES
Total Short-Term Liabilities $132.7M $131.4M $184.6M
Total Long-Term Liabilities $83.30M $90.29M $284.5M
Total Liabilities $247.8M $256.8M $469.2M
YoY Change -47.2% -49.48% -34.15%
SHAREHOLDERS EQUITY
Retained Earnings -$427.9M -$403.6M -$399.8M
YoY Change 7.04%
Common Stock $3.000K $12.00K $8.000K
YoY Change -62.5%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $55.51M $75.95M $57.96M
YoY Change
Total Liabilities & Shareholders Equity $303.3M $332.8M $527.2M
YoY Change -42.47% -56.03% -43.49%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q4
OPERATING ACTIVITIES
Net Income -$24.40M -$10.52M -$192.6M
YoY Change -87.33% -415.88% 699.17%
Depreciation, Depletion And Amortization $6.900M $600.0K $25.70M
YoY Change -73.15% 100.0% 0.0%
Cash From Operating Activities -$6.000M -$14.40M $7.900M
YoY Change -175.95% -142.48% -50.0%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -8.000M -10.30M -19.90M
YoY Change -59.8% -81.03% -21.03%
NET CHANGE
Cash From Operating Activities -6.000M -14.40M 7.900M
Cash From Investing Activities 0.000 0.000 0.000
Cash From Financing Activities -8.000M -10.30M -19.90M
Net Change In Cash -14.00M -24.70M -12.00M
YoY Change 16.67% 73.94% 10.09%
FREE CASH FLOW
Cash From Operating Activities -$6.000M -$14.40M $7.900M
Capital Expenditures $0.00 $0.00 $0.00
Free Cash Flow -$6.000M -$14.40M $7.900M
YoY Change -175.95% -141.38% -54.34%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0001808665
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-39294
dei Entity Registrant Name
EntityRegistrantName
ASSERTIO HOLDINGS, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
85-0598378
dei Entity Address Address Line1
EntityAddressAddressLine1
100 South Saunders Road
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 300
dei Entity Address City Or Town
EntityAddressCityOrTown
Lake Forest
dei Entity Address State Or Province
EntityAddressStateOrProvince
IL
dei City Area Code
CityAreaCode
224
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
60045
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Local Phone Number
LocalPhoneNumber
419-7106
dei Security12b Title
Security12bTitle
Common Stock, $0.0001 par value
dei Trading Symbol
TradingSymbol
ASRT
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2020Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
107223287 shares
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
34737000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
42107000 USD
CY2020Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
39223000 USD
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
42744000 USD
CY2020Q3 us-gaap Inventory Net
InventoryNet
13469000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
3412000 USD
CY2020Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
17063000 USD
CY2019Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
15688000 USD
CY2020Q3 us-gaap Assets Current
AssetsCurrent
104492000 USD
CY2019Q4 us-gaap Assets Current
AssetsCurrent
103951000 USD
CY2020Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3773000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3497000 USD
CY2020Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
206628000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
400535000 USD
CY2020Q3 us-gaap Goodwill
Goodwill
9008000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
0 USD
CY2020Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
8896000 USD
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
19187000 USD
CY2020Q3 us-gaap Assets
Assets
332797000 USD
CY2019Q4 us-gaap Assets
Assets
527170000 USD
CY2020Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
22981000 USD
CY2019Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
16193000 USD
CY2020Q3 us-gaap Customer Refund Liability Current
CustomerRefundLiabilityCurrent
48932000 USD
CY2019Q4 us-gaap Customer Refund Liability Current
CustomerRefundLiabilityCurrent
58943000 USD
CY2020Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
33062000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
18948000 USD
CY2020Q3 us-gaap Debt Current
DebtCurrent
11010000 USD
CY2019Q4 us-gaap Debt Current
DebtCurrent
80000000 USD
CY2020Q3 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
6475000 USD
CY2019Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
0 USD
CY2020Q3 us-gaap Interest Payable Current
InterestPayableCurrent
5829000 USD
CY2019Q4 us-gaap Interest Payable Current
InterestPayableCurrent
8375000 USD
CY2020Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
3085000 USD
CY2019Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
2094000 USD
CY2020Q3 us-gaap Liabilities Current
LiabilitiesCurrent
131374000 USD
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
184553000 USD
CY2020Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
77235000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
271258000 USD
CY2020Q3 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
35188000 USD
CY2019Q4 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
168000 USD
CY2020Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13050000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13233000 USD
CY2020Q3 us-gaap Liabilities
Liabilities
256847000 USD
CY2019Q4 us-gaap Liabilities
Liabilities
469212000 USD
CY2020Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2019Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2020Q3 us-gaap Common Stock Value
CommonStockValue
12000 USD
CY2019Q4 us-gaap Common Stock Value
CommonStockValue
8000 USD
CY2020Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
479530000 USD
CY2019Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
457751000 USD
CY2020Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-403592000 USD
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-399801000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
75950000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
57958000 USD
CY2020Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
332797000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
527170000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
34565000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
55147000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
76099000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
170278000 USD
CY2020Q3 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
6462000 USD
CY2019Q3 us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
2243000 USD
us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
13099000 USD
us-gaap Cost Of Goods And Service Excluding Depreciation Depletion And Amortization
CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
6942000 USD
CY2020Q3 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
1316000 USD
CY2019Q3 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
1476000 USD
us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
3983000 USD
us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
4531000 USD
CY2020Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
25746000 USD
CY2019Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
36117000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
81191000 USD
us-gaap Costs And Expenses
CostsAndExpenses
123297000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
85917000 USD
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5587000 USD
CY2019Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
25444000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
18237000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
76331000 USD
CY2020Q3 us-gaap Restructuring Charges
RestructuringCharges
268000 USD
CY2019Q3 us-gaap Restructuring Charges
RestructuringCharges
0 USD
us-gaap Restructuring Charges
RestructuringCharges
6787000 USD
us-gaap Restructuring Charges
RestructuringCharges
0 USD
CY2020Q3 us-gaap Costs And Expenses
CostsAndExpenses
39379000 USD
CY2019Q3 us-gaap Costs And Expenses
CostsAndExpenses
65280000 USD
us-gaap Costs And Expenses
CostsAndExpenses
173721000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-4814000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-10133000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-47198000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-3443000 USD
CY2020Q3 us-gaap Interest Expense
InterestExpense
3050000 USD
CY2019Q3 us-gaap Interest Expense
InterestExpense
13872000 USD
us-gaap Interest Expense
InterestExpense
13328000 USD
us-gaap Interest Expense
InterestExpense
45268000 USD
CY2020Q3 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
1861000 USD
CY2019Q3 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
0 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
1861000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
0 USD
CY2020Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
253000 USD
CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-764000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3571000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2613000 USD
CY2020Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-4658000 USD
CY2019Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
11749000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
37033000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-21496000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-9472000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1616000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-10165000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-24939000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1050000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1715000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-6374000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-364000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-10522000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-10522000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
3331000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3331000 USD
us-gaap Net Income Loss
NetIncomeLoss
-3791000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-3791000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-24575000 USD
us-gaap Net Income Loss
NetIncomeLoss
-24575000 USD
CY2020Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.09
CY2019Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.05
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.04
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.36
CY2020Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
119564000 shares
CY2019Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
72747000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
99832000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
67332000 shares
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
57958000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt Subsequent Adjustments
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebtSubsequentAdjustments
16814000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1934000 USD
CY2020Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
271000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
41230000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
84037000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
49000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
22931000 USD
CY2020Q2 asrt Warrants And Options Issued During Period Acquisitions
WarrantsAndOptionsIssuedDuringPeriodAcquisitions
11626000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt Subsequent Adjustments
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebtSubsequentAdjustments
2718000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3593000 USD
CY2020Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
41000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-34499000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
84978000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
1000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1511000 USD
CY2020Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
18000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-10522000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
75950000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
220335000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
25000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2702000 USD
CY2019Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
216000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-14301000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
208545000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
158000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2634000 USD
CY2019Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
293000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-13605000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
197439000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
25307000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt Subsequent Adjustments
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebtSubsequentAdjustments
4796000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
24165000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3004000 USD
CY2019Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
19000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
5000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
3331000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
248434000 USD
us-gaap Net Income Loss
NetIncomeLoss
-3791000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
19468000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
77225000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-24944000 USD
us-gaap Net Income Loss
NetIncomeLoss
-24575000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-10076000 USD
asrt Amortization Of Debt Issuance Costs And Discounts And Royalty Rights
AmortizationOfDebtIssuanceCostsAndDiscountsAndRoyaltyRights
5614000 USD
asrt Amortization Of Debt Issuance Costs And Discounts And Royalty Rights
AmortizationOfDebtIssuanceCostsAndDiscountsAndRoyaltyRights
18090000 USD
asrt Fair Value Gain Loss Of Assets And Liabilities
FairValueGainLossOfAssetsAndLiabilities
-5485000 USD
asrt Fair Value Gain Loss Of Assets And Liabilities
FairValueGainLossOfAssetsAndLiabilities
-4843000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
7038000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8340000 USD
asrt Provision For Inventory And Other Assets
ProvisionForInventoryAndOtherAssets
2561000 USD
asrt Provision For Inventory And Other Assets
ProvisionForInventoryAndOtherAssets
295000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-5636000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
0 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
328000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
792000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
213000 USD
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
6979000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6216000 USD
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
0 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-8816000 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-4958000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
0 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-9139000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-38600000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-18447000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
17381000 USD
asrt Increase Decrease In Accrued Rebates Returns And Discounts
IncreaseDecreaseInAccruedRebatesReturnsAndDiscounts
-43265000 USD
asrt Increase Decrease In Accrued Rebates Returns And Discounts
IncreaseDecreaseInAccruedRebatesReturnsAndDiscounts
-14780000 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-4449000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-59590000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
82620000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10000 USD
us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
0 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1526000 USD
us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
7585000 USD
us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
0 USD
us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
6000000 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
0 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
12065000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
4209000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
0 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
7856000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
512801000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1526000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
10000000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
10000000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
3000000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
261000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
183000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
814000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
528000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-460581000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-137862000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-7370000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-56768000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
42107000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
110949000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
34737000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54181000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
865000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
420000 USD
us-gaap Interest Paid Net
InterestPaidNet
12100000 USD
us-gaap Interest Paid Net
InterestPaidNet
32054000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Estimates are used when accounting for amounts recorded in connection with acquisitions, including initial fair value determinations of assets and liabilities as well as subsequent fair value measurements. Additionally, estimates are used in determining items such as sales discounts and product returns, depreciable and amortizable lives, share-based compensation assumptions and taxes on income. Although management believes these estimates are based upon reasonable assumptions within the bounds of its knowledge of the Company’s business and operations, actual results could differ materially from these estimates.</span></div>
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
asrt Product Return Period Prior To Expiration Date
ProductReturnPeriodPriorToExpirationDate
P6M
asrt Product Return Period After Expiration Date
ProductReturnPeriodAfterExpirationDate
P12M
asrt Cash Discount To Customer For Prompt Payment As Percentage Of Sales Price
CashDiscountToCustomerForPromptPaymentAsPercentageOfSalesPrice
0.02
asrt Discount Reimbursement Period After Filling Of Prescription Subject To Discount
DiscountReimbursementPeriodAfterFillingOfPrescriptionSubjectToDiscount
P1M
CY2020Q1 us-gaap Notes Receivable Gross
NotesReceivableGross
3500000 USD
CY2020Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1900000 USD
CY2020Q2 us-gaap Share Price
SharePrice
0.90
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
34565000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
55147000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
76099000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
170278000 USD
CY2020Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
39223000 USD
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
42744000 USD
CY2020Q3 asrt Accounts Receivable Allowance For Cash Discount
AccountsReceivableAllowanceForCashDiscount
1300000 USD
CY2019Q4 asrt Accounts Receivable Allowance For Cash Discount
AccountsReceivableAllowanceForCashDiscount
1200000 USD
CY2020Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
206000 USD
CY2019Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
1065000 USD
CY2020Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
3451000 USD
CY2019Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
426000 USD
CY2020Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
9812000 USD
CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1921000 USD
CY2020Q3 us-gaap Inventory Net
InventoryNet
13469000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
3412000 USD
CY2020Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
100000 USD
CY2019Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
400000 USD
CY2020Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
14343000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
15367000 USD
CY2020Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
10570000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
11870000 USD
CY2020Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3773000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3497000 USD
CY2020Q3 us-gaap Depreciation
Depreciation
600000 USD
CY2019Q3 us-gaap Depreciation
Depreciation
300000 USD
us-gaap Depreciation
Depreciation
1200000 USD
us-gaap Depreciation
Depreciation
900000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
272010000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
65382000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
206628000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1098588000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
508263000 USD
CY2019Q4 asrt Intangible Assets Indefinite Lived Accumulated Impairment
IntangibleAssetsIndefiniteLivedAccumulatedImpairment
189790000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
400535000 USD
CY2020Q3 us-gaap Goodwill Gross
GoodwillGross
9008000 USD
CY2020Q3 us-gaap Goodwill
Goodwill
9008000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
76300000 USD
CY2019Q4 us-gaap Goodwill Gross
GoodwillGross
0 USD
CY2019Q4 us-gaap Goodwill
Goodwill
0 USD
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5600000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
18200000 USD
CY2019Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
25400000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
6547000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
26004000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
24081000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
23337000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
18413000 USD
CY2020Q3 asrt Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
108246000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
206628000 USD
CY2020Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
9495000 USD
CY2019Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
6188000 USD
CY2020Q3 asrt Accrued Consent Fees Current
AccruedConsentFeesCurrent
4500000 USD
CY2019Q4 asrt Accrued Consent Fees Current
AccruedConsentFeesCurrent
0 USD
CY2020Q3 us-gaap Restructuring Reserve
RestructuringReserve
2947000 USD
CY2019Q4 us-gaap Restructuring Reserve
RestructuringReserve
3763000 USD
CY2020Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
16120000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
8997000 USD
CY2020Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
33062000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
18948000 USD
CY2020Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
88266000 USD
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
427500000 USD
CY2020Q3 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
20000 USD
CY2019Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
70699000 USD
CY2020Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
1000 USD
CY2019Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
5543000 USD
CY2020Q3 us-gaap Long Term Debt
LongTermDebt
88245000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
351258000 USD
CY2020Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
11010000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
80000000 USD
CY2020Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
77235000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
271258000 USD
CY2020Q3 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
2938000 USD
CY2019Q3 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
7976000 USD
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
7714000 USD
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
27096000 USD
CY2020Q3 asrt Amortization Of Debt Issuance Costs And Discounts And Royalty Rights
AmortizationOfDebtIssuanceCostsAndDiscountsAndRoyaltyRights
103000 USD
CY2019Q3 asrt Amortization Of Debt Issuance Costs And Discounts And Royalty Rights
AmortizationOfDebtIssuanceCostsAndDiscountsAndRoyaltyRights
5870000 USD
asrt Amortization Of Debt Issuance Costs And Discounts And Royalty Rights
AmortizationOfDebtIssuanceCostsAndDiscountsAndRoyaltyRights
5614000 USD
asrt Amortization Of Debt Issuance Costs And Discounts And Royalty Rights
AmortizationOfDebtIssuanceCostsAndDiscountsAndRoyaltyRights
18090000 USD
CY2020Q3 us-gaap Interest Expense Other
InterestExpenseOther
0 USD
CY2019Q3 us-gaap Interest Expense Other
InterestExpenseOther
26000 USD
us-gaap Interest Expense Other
InterestExpenseOther
0 USD
us-gaap Interest Expense Other
InterestExpenseOther
82000 USD
CY2020Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
3041000 USD
CY2019Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
13872000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
13328000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
45268000 USD
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1511000 USD
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3004000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7038000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8340000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
5400000 shares
asrt Share Based Compensation Arrangement By Share Based Payment Award Options Granted Average Fair Market Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantedAverageFairMarketValue
0.53
asrt Lessee Operating Lease Number Of Subleases
LesseeOperatingLeaseNumberOfSubleases
2 sublease
asrt Lessee Operating Lease Number Of Renewal Options
LesseeOperatingLeaseNumberOfRenewalOptions
1 renewal_option
CY2020Q3 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
us-gaap Net Income Loss
NetIncomeLoss
-3791000 USD
CY2020Q3 us-gaap Lease Cost
LeaseCost
572000 USD
CY2019Q3 us-gaap Lease Cost
LeaseCost
323000 USD
us-gaap Lease Cost
LeaseCost
1240000 USD
us-gaap Lease Cost
LeaseCost
983000 USD
CY2019Q4 us-gaap Restructuring Reserve
RestructuringReserve
3763000 USD
CY2020Q3 us-gaap Payments For Restructuring
PaymentsForRestructuring
2604000 USD
CY2020Q3 us-gaap Restructuring Reserve
RestructuringReserve
2947000 USD
CY2020Q1 us-gaap Payments For Restructuring
PaymentsForRestructuring
2431000 USD
CY2020Q1 us-gaap Restructuring Reserve
RestructuringReserve
1332000 USD
CY2020Q2 asrt Restructuring Charges Net
RestructuringChargesNet
5520000 USD
CY2020Q2 us-gaap Payments For Restructuring
PaymentsForRestructuring
1569000 USD
CY2020Q2 us-gaap Restructuring Reserve
RestructuringReserve
5283000 USD
CY2020Q3 asrt Restructuring Charges Net
RestructuringChargesNet
268000 USD
CY2020Q3 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
2900000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-10522000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
3331000 USD
us-gaap Net Income Loss
NetIncomeLoss
-24575000 USD
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
119564000 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
72747000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
99832000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
67332000 shares
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.09
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.05
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.36
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-10522000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
3331000 USD
us-gaap Net Income Loss
NetIncomeLoss
-3791000 USD
us-gaap Net Income Loss
NetIncomeLoss
-24575000 USD
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
119564000 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
72747000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
99832000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
67332000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
99832000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
67332000 shares
CY2020Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2019Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
119564000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72747000 shares
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.09
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.05
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.36
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
12270000 shares
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
39293000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
20825000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
29484000 shares
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-6400000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.627
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-6400000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-400000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.015
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-400000 USD

Files In Submission

Name View Source Status
0001808665-20-000057-index-headers.html Edgar Link pending
0001808665-20-000057-index.html Edgar Link pending
0001808665-20-000057.txt Edgar Link pending
0001808665-20-000057-xbrl.zip Edgar Link pending
asrt-20200930.htm Edgar Link pending
asrt-20200930.xsd Edgar Link pending
asrt-20200930_cal.xml Edgar Link unprocessable
asrt-20200930_def.xml Edgar Link unprocessable
asrt-20200930_htm.xml Edgar Link completed
asrt-20200930_lab.xml Edgar Link unprocessable
asrt-20200930_pre.xml Edgar Link unprocessable
exhibit311-3q2020.htm Edgar Link pending
exhibit312-3q2020.htm Edgar Link pending
exhibit321-3q2020.htm Edgar Link pending
exhibit322-3q2020.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending