Annual report [Section 13 and 15(d), not S-K Item 405]

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

v3.25.0.1
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Goodwill, carrying amount, as of January 1, 2023
 $ 38,239 
Impairment (7,329)
Goodwill, carrying amount, as of December 31, 2023
 30,910 
Goodwill, carrying amount, as of December 31, 2024
 $ 30,910 
Schedule of Finite-Lived Intangible Assets
The components of other intangible assets are as follows:
As of December 31, Estimated Useful
Life
2024 2023
Licenses (1)(2)
$ 93,196  $ 82,401  15 years
Intellectual Property 9,580  9,580  10 years
Tradenames 12,169  12,209 
5 - 10 years
Patient/Customer database 2,925  3,195 
5 - 10 years
Non-compete 115  155  3 years
Website development 61  61  3 years
Formulations 50  50  Indefinite
Total gross amount 118,096  107,651 
Less: Accumulated Amortization (17,624) (11,684)
Other Intangible Assets, net $ 100,472  $ 95,967 
(1)Includes licenses acquired in 2024 in the amount of $10,795. Refer to Note 6 - Acquisitions for more information.
(2)The Company commenced amortizing its business licenses effective June 1, 2024. Refer to Note 2 - Basis of Presentation and Summary of Significant Accounting Policies for more information.
Schedule of Indefinite-Lived Intangible Assets
The components of other intangible assets are as follows:
As of December 31, Estimated Useful
Life
2024 2023
Licenses (1)(2)
$ 93,196  $ 82,401  15 years
Intellectual Property 9,580  9,580  10 years
Tradenames 12,169  12,209 
5 - 10 years
Patient/Customer database 2,925  3,195 
5 - 10 years
Non-compete 115  155  3 years
Website development 61  61  3 years
Formulations 50  50  Indefinite
Total gross amount 118,096  107,651 
Less: Accumulated Amortization (17,624) (11,684)
Other Intangible Assets, net $ 100,472  $ 95,967 
(1)Includes licenses acquired in 2024 in the amount of $10,795. Refer to Note 6 - Acquisitions for more information.
(2)The Company commenced amortizing its business licenses effective June 1, 2024. Refer to Note 2 - Basis of Presentation and Summary of Significant Accounting Policies for more information.
Schedule of Future Annual Amortization Expense
The estimated future annual amortization expense related to intangible assets as of December 31, 2024 are as follows:
2025 $ 9,130 
2026 8,861 
2027 8,057 
2028 7,992 
2029 7,148 
Thereafter 59,234 
   Total estimated future amortization expense $ 100,422