2024 Q1 Form 10-K Financial Statement

#000180866524000012 Filed on March 11, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $32.45M $32.99M $152.1M
YoY Change -23.59% -34.49% -2.67%
Cost Of Revenue $11.18M $9.721M $27.02M
YoY Change 112.21% 64.37% 50.55%
Gross Profit $21.27M $23.26M $125.0M
YoY Change -42.82% -47.65% -9.57%
Gross Profit Margin 65.55% 70.53% 82.23%
Selling, General & Admin $18.52M $23.86M $77.94M
YoY Change 9.58% 76.7% 66.58%
% of Gross Profit 87.09% 102.55% 62.33%
Research & Development $733.0K $1.024M $2.843M
YoY Change
% of Gross Profit 3.45% 4.4% 2.27%
Depreciation & Amortization $5.696M $4.929M $28.23M
YoY Change -12.15% -41.06% -15.47%
% of Gross Profit 26.78% 21.19% 22.57%
Operating Expenses $19.26M $29.76M $109.0M
YoY Change 13.92% 36.05% 132.99%
Operating Profit -$4.337M -$6.493M $16.04M
YoY Change -193.39% -128.78% -59.29%
Interest Expense -$757.0K $16.66M $22.16M
YoY Change -167.47% -226.64% 178.33%
% of Operating Profit 138.13%
Other Income/Expense, Net -$41.00K $1.179M $2.780M
YoY Change -99.6% -261.29% -133.74%
Pretax Income -$4.378M -$31.91M -$254.1M
YoY Change -21.74% -471.94% -915.16%
Income Tax $100.0K $25.48M $77.89M
% Of Pretax Income
Net Earnings -$4.510M -$57.38M -$331.9M
YoY Change 29.45% -164.8% -402.8%
Net Earnings / Revenue -13.9% -173.97% -218.28%
Basic Earnings Per Share -$0.05 -$4.67
Diluted Earnings Per Share -$0.05 -$0.60 -$4.67
COMMON SHARES
Basic Shares Outstanding 95.00M shares 94.67M shares 71.03M shares
Diluted Shares Outstanding 94.98M shares 71.03M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $80.74M $73.44M $73.44M
YoY Change 17.7% 13.09% 13.09%
Cash & Equivalents $80.74M $73.44M $73.44M
Short-Term Investments
Other Short-Term Assets $297.0K $12.27M $12.27M
YoY Change -95.47% 48.43% 48.43%
Inventory $38.60M $37.69M $37.69M
Prepaid Expenses
Receivables $42.61M $47.66M $47.66M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $172.5M $171.1M $171.1M
YoY Change 25.12% 29.34% 29.34%
LONG-TERM ASSETS
Property, Plant & Equipment $704.0K $2.039M $2.039M
YoY Change 29.41% 174.06% 131.44%
Goodwill
YoY Change
Intangibles $105.7M $111.3M
YoY Change -44.86% -43.77%
Long-Term Investments
YoY Change
Other Assets $3.086M $1.986M $1.986M
YoY Change 18.69% -26.69% -97.59%
Total Long-Term Assets $109.5M $115.4M $115.4M
YoY Change -60.39% -59.04% -59.04%
TOTAL ASSETS
Total Short-Term Assets $172.5M $171.1M $171.1M
Total Long-Term Assets $109.5M $115.4M $115.4M
Total Assets $282.0M $286.4M $286.4M
YoY Change -31.94% -30.8% -30.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.65M $13.44M $13.44M
YoY Change 153.52% 124.32% 124.32%
Accrued Expenses $15.40M $77.28M $77.28M
YoY Change 42.62% 534.41% 24.63%
Deferred Revenue $0.00
YoY Change -100.0%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
Total Short-Term Liabilities $92.44M $93.44M $93.44M
YoY Change -2.22% -1.97% -1.97%
LONG-TERM LIABILITIES
Long-Term Debt $38.62M $38.51M $38.51M
YoY Change 1.23% -42.0% -42.0%
Other Long-Term Liabilities $16.41M $16.46M $16.46M
YoY Change 280.3% 285.55% -37.82%
Total Long-Term Liabilities $55.03M $54.97M $54.97M
YoY Change 29.58% -22.21% -40.81%
TOTAL LIABILITIES
Total Short-Term Liabilities $92.44M $93.44M $93.44M
Total Long-Term Liabilities $55.03M $54.97M $54.97M
Total Liabilities $147.5M $148.4M $148.4M
YoY Change -9.86% -21.13% -21.13%
SHAREHOLDERS EQUITY
Retained Earnings -$656.1M -$651.5M
YoY Change 103.06% 103.86%
Common Stock $9.000K $9.000K
YoY Change 80.0% 80.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $134.5M $138.0M $138.0M
YoY Change
Total Liabilities & Shareholders Equity $282.0M $286.4M $286.4M
YoY Change -31.94% -30.8% -30.8%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$4.510M -$57.38M -$331.9M
YoY Change 29.45% -164.8% -402.8%
Depreciation, Depletion And Amortization $5.696M $4.929M $28.23M
YoY Change -12.15% -41.06% -15.47%
Cash From Operating Activities $7.508M $5.704M $49.60M
YoY Change -66.95% -78.63% -36.89%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $247.0K $1.047M
YoY Change -100.0% -98.42% 282.12%
Acquisitions
YoY Change
Other Investing Activities $44.00K $4.144M
YoY Change -100.43% -115.33%
Cash From Investing Activities $0.00 -$203.0K $3.097M
YoY Change -100.0% -99.21% -107.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$206.0K -8.901M -44.20M
YoY Change -98.91% 1015.41% 467.12%
NET CHANGE
Cash From Operating Activities $7.508M 5.704M 49.60M
Cash From Investing Activities $0.00 -203.0K 3.097M
Cash From Financing Activities -$206.0K -8.901M -44.20M
Net Change In Cash $7.302M -3.400M 8.500M
YoY Change 99.4% -3056.52% -69.78%
FREE CASH FLOW
Cash From Operating Activities $7.508M $5.704M $49.60M
Capital Expenditures $0.00 $247.0K $1.047M
Free Cash Flow $7.508M $5.457M $48.56M
YoY Change -66.8% -50.62% -38.0%

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CY2023 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
216261000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9158000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-331942000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-331942000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
138003000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-331942000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
109625000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
28229000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
33396000 usd
CY2023 asrt Amortization Of Debt Issuance Costs And Royalty Rights
AmortizationOfDebtIssuanceCostsAndRoyaltyRights
455000 usd
CY2022 asrt Amortization Of Debt Issuance Costs And Royalty Rights
AmortizationOfDebtIssuanceCostsAndRoyaltyRights
304000 usd
CY2023 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
279639000 usd
CY2022 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 usd
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
1046000 usd
CY2023 asrt Fair Value Gain Loss Of Assets And Liabilities
FairValueGainLossOfAssetsAndLiabilities
25482000 usd
CY2022 asrt Fair Value Gain Loss Of Assets And Liabilities
FairValueGainLossOfAssetsAndLiabilities
-18939000 usd
CY2023 us-gaap Interest Expense Debt
InterestExpenseDebt
9918000 usd
CY2022 us-gaap Interest Expense Debt
InterestExpenseDebt
0 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
9158000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
7504000 usd
CY2023 asrt Provision For Inventory And Other Assets
ProvisionForInventoryAndOtherAssets
3288000 usd
CY2022 asrt Provision For Inventory And Other Assets
ProvisionForInventoryAndOtherAssets
3265000 usd
CY2023 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
76201000 usd
CY2022 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-80375000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-48669000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
996000 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4973000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
6593000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1169000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-8019000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-29348000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-10113000 usd
CY2023 asrt Increase Decrease In Accrued Rebates Returns And Discounts
IncreaseDecreaseInAccruedRebatesReturnsAndDiscounts
-12313000 usd
CY2022 asrt Increase Decrease In Accrued Rebates Returns And Discounts
IncreaseDecreaseInAccruedRebatesReturnsAndDiscounts
-3236000 usd
CY2023 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-726000 usd
CY2022 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-95000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
49604000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
78598000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
628000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
274000 usd
CY2023 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
1950000 usd
CY2022 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
0 usd
CY2023 us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
2194000 usd
CY2022 us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
0 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
3097000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-42673000 usd
CY2023 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
0 usd
CY2022 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
70000000 usd
CY2023 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
10500000 usd
CY2022 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
0 usd
CY2023 asrt Payment Of Debt Transaction Costs
PaymentOfDebtTransactionCosts
1119000 usd
CY2022 asrt Payment Of Debt Transaction Costs
PaymentOfDebtTransactionCosts
0 usd
CY2023 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 usd
CY2022 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
70750000 usd
CY2023 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
4084000 usd
CY2023 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
24194000 usd
CY2022 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
7845000 usd
CY2023 asrt Payment Of Royalty Rights Obligation
PaymentOfRoyaltyRightsObligation
459000 usd
CY2022 asrt Payment Of Royalty Rights Obligation
PaymentOfRoyaltyRightsObligation
1297000 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
7020000 usd
CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
7898000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
838000 usd
CY2023 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-31000 usd
CY2022 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-44201000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-7794000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
8500000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
28131000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
64941000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
36810000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
73441000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
64941000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4031000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-6913000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
3651000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
7752000 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify"><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 style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-align:justify;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 consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the 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 product returns, rebates, the evaluation of impairment of intangible assets, the fair value of contingent consideration obligations, and income taxes. Although management believes these estimates are based upon reasonable assumptions within the bounds of its knowledge of the Company, actual results could differ materially from these estimates.</span></div>
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2023 asrt Product Return Period Prior To Expiration Date
ProductReturnPeriodPriorToExpirationDate
P6M
CY2023 asrt Product Return Period After Expiration Date
ProductReturnPeriodAfterExpirationDate
P12M
CY2023 asrt Cash Discount To Customer For Prompt Payment As Percentage Of Sales Price
CashDiscountToCustomerForPromptPaymentAsPercentageOfSalesPrice
0.02
CY2023 asrt Discount Reimbursement Period After Filling Of Prescription Subject To Discount
DiscountReimbursementPeriodAfterFillingOfPrescriptionSubjectToDiscount
P1M
CY2023 us-gaap Advertising Expense
AdvertisingExpense
4400000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
3400000 usd
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentration of Risk</span></div>The Company is subject to credit risk from its accounts receivable related to product sales.
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
200000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
152069000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
0 usd
CY2022Q4 asrt Accounts Receivable Allowance For Cash Discount
AccountsReceivableAllowanceForCashDiscount
900000 usd
CY2023Q4 asrt Accounts Receivable Allowance For Cash Discount
AccountsReceivableAllowanceForCashDiscount
900000 usd
CY2023Q4 asrt Accounts Receivable Allowance For Cash Discount
AccountsReceivableAllowanceForCashDiscount
900000 usd
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
10537000 usd
CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
2239000 usd
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
24910000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
37686000 usd
CY2023Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
6800000 usd
CY2023Q4 asrt Prepaid Expense And Deposit Assets Current
PrepaidExpenseAndDepositAssetsCurrent
11973000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
299000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
12272000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
3500000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
3500000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5401000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4677000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4631000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3933000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
770000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
744000 usd
CY2023Q4 asrt Finite Lived Intangible Assets Accumulated Impairment
FiniteLivedIntangibleAssetsAccumulatedImpairment
279639000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
111332000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
251736000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
53740000 usd
CY2023Q3 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
238800000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
27500000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
32600000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
8322000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
35919000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
111332000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
137000 usd
CY2023Q4 asrt Prepaid Expense And Deposit Assets Noncurrent
PrepaidExpenseAndDepositAssetsNoncurrent
1289000 usd
CY2022Q4 asrt Prepaid Expense And Deposit Assets Noncurrent
PrepaidExpenseAndDepositAssetsNoncurrent
1607000 usd
CY2023Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
697000 usd
CY2022Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
965000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3255000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2709000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2438000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
3117000 usd
CY2023Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
4378000 usd
CY2022Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
0 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
9492000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
6561000 usd
CY2023Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
0 usd
CY2022Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
0 usd
CY2023Q4 us-gaap Interest Payable Current
InterestPayableCurrent
867000 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
1593000 usd
CY2023Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1038000 usd
CY2022Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
910000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
18213000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
12181000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
40000000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
70470000 usd
CY2023Q4 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
308000 usd
CY2022Q4 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
252000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
1794000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
3849000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
38514000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
66873000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
470000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
38514000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
66403000 usd
CY2023 asrt Amortization Of Royalty Rights
AmortizationOfRoyaltyRights
0 usd
CY2022 asrt Amortization Of Royalty Rights
AmortizationOfRoyaltyRights
68000 usd
CY2023 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
455000 usd
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
236000 usd
CY2023 us-gaap Interest Expense Other
InterestExpenseOther
3380000 usd
CY2022 us-gaap Interest Expense Other
InterestExpenseOther
7961000 usd
CY2023Q4 asrt Product Royalty Liability Noncurrent
ProductRoyaltyLiabilityNoncurrent
9224000 usd
CY2022Q4 asrt Product Royalty Liability Noncurrent
ProductRoyaltyLiabilityNoncurrent
0 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
0 usd
CY2023Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
4553000 usd
CY2022Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
4269000 usd
CY2023Q4 asrt Deferred Employee Retention Credits Noncurrent
DeferredEmployeeRetentionCreditsNoncurrent
1212000 usd
CY2022Q4 asrt Deferred Employee Retention Credits Noncurrent
DeferredEmployeeRetentionCreditsNoncurrent
0 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
16459000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
4269000 usd
CY2023 us-gaap Restructuring Charges
RestructuringCharges
5476000 usd
CY2023Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1300000 usd
CY2023Q2 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.0741
CY2022Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
3200000 usd
CY2023Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
3200000 usd
CY2021Q1 us-gaap Increase Decrease In Insurance Settlements Receivable
IncreaseDecreaseInInsuranceSettlementsReceivable
5000000 usd
CY2022Q2 us-gaap Increase Decrease In Insurance Settlements Receivable
IncreaseDecreaseInInsuranceSettlementsReceivable
2000000 usd
CY2023 us-gaap Lease Cost
LeaseCost
229000 usd
CY2022 us-gaap Lease Cost
LeaseCost
699000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
717000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
1983000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1269000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
137000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
928000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
401000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1470000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
0 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2398000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
401000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y7M6D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.057
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.111
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1074000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
412000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
307000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
243000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
253000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
537000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2826000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
428000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2398000 usd
CY2023 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
400000 usd
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
200000 usd
CY2023 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1500000 usd
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
500000 usd
CY2023 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y9M
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
4.35
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
2.29
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
133206 shares
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
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