Quarterly report [Sections 13 or 15(d)]

LICENSES ACQUIRED (Details)

v3.25.3
LICENSES ACQUIRED (Details)
$ in Thousands, ¥ in Billions
1 Months Ended 3 Months Ended 9 Months Ended
Nov. 11, 2024
USD ($)
Aug. 31, 2023
USD ($)
Aug. 31, 2023
CNY (¥)
Jun. 29, 2021
USD ($)
Aug. 31, 2025
USD ($)
Jan. 31, 2022
USD ($)
Mar. 31, 2021
USD ($)
Jul. 31, 2020
USD ($)
Sep. 30, 2025
USD ($)
Sep. 30, 2025
USD ($)
Assets and Licenses Acquired                    
Total other revenues                 $ 606 $ 606
Amzeeq                    
Assets and Licenses Acquired                    
Percentage of license           4.00%        
Zilxi                    
Assets and Licenses Acquired                    
Percentage of license           1.50%        
Emrosi Agreement                    
Assets and Licenses Acquired                    
Total Upfront payment       $ 10,000            
Upfront payment upon execution       3,000            
Remaining upfront payment       15,000            
Transformation of ownership and all assets of milestone payments       15,000            
Threshold additional contingent regulatory and commercial milestone payments payable       $ 150,000            
Percentage of reduction in royalty upon launching of competitor products       50.00%            
Emrosi Agreement | Minimum                    
Assets and Licenses Acquired                    
Percentage of royalties payable on net sales       10.00%            
Emrosi Agreement | Maximum                    
Assets and Licenses Acquired                    
Percentage of royalties payable on net sales       14.00%            
Asset purchase agreement | Qbrexza                    
Assets and Licenses Acquired                    
Age of patients             9 years      
Asset purchase agreement | Royalty payment percentage for first two years | Qbrexza                    
Assets and Licenses Acquired                    
Period of royalty payments             2 years      
Asset purchase agreement | Minimum | Royalty payment percentage for first two years | Qbrexza                    
Assets and Licenses Acquired                    
Percent of royalty payments             30.00%      
Asset purchase agreement | Minimum | Royalty payment percentage for thereafter | Qbrexza                    
Assets and Licenses Acquired                    
Percent of royalty payments             12.00%      
Asset purchase agreement | Maximum | Royalty payment percentage for first two years | Qbrexza                    
Assets and Licenses Acquired                    
Percent of royalty payments             40.00%      
Asset purchase agreement | Maximum | Royalty payment percentage for thereafter | Qbrexza                    
Assets and Licenses Acquired                    
Percent of royalty payments             19.00%      
Asset purchase agreement | Eli Lilly and Company | Qbrexza                    
Assets and Licenses Acquired                    
Upfront fees             $ 12,500      
Milestone payments payable             $ 144,000      
License and supply agreement With DRL | Accutane                    
Assets and Licenses Acquired                    
Amount of expense agreed to pay under the agreement               $ 5,000    
Contingent amount payable               $ 17,000    
Term of accutane               10 years    
Termination accutane agreement period               180 days    
New License Agreement                    
Assets and Licenses Acquired                    
Total Upfront payment   $ 19,000                
Amount of obligation payment terminated   10,000                
Remaining obligation payments   $ 45,000                
New License Agreement | Net sales of at least ¥4 billion (yen)                    
Assets and Licenses Acquired                    
Net sales | ¥     ¥ 4              
Cutia License Agreement | Amzeeq                    
Assets and Licenses Acquired                    
Percentage of license         4.00%          
Milestone payment $ 1,000                  
Total other revenues 1,000       $ 600       $ 606 $ 606
Milestone payment received, net $ 1,000                  
VYNE APA                    
Assets and Licenses Acquired                    
Total Upfront payment           $ 450,000        
Upfront payment upon execution           5,000        
Upfront fees           20,000        
VYNE APA | Amzeeq | First year anniversary                    
Assets and Licenses Acquired                    
Amount of expense paid under the agreement           10,000        
Net sales           100,000        
VYNE APA | Amzeeq | Second year anniversary                    
Assets and Licenses Acquired                    
Amount of expense paid under the agreement           20,000        
Net sales           200,000        
VYNE APA | Amzeeq | Third year anniversary                    
Assets and Licenses Acquired                    
Amount of expense paid under the agreement           30,000        
Net sales           300,000        
VYNE APA | Amzeeq | Fourth year anniversary                    
Assets and Licenses Acquired                    
Amount of expense paid under the agreement           40,000        
Net sales           400,000        
VYNE APA | Amzeeq | Fifth year anniversary                    
Assets and Licenses Acquired                    
Amount of expense paid under the agreement           50,000        
Net sales           500,000        
VYNE APA | Zilxi | First year anniversary                    
Assets and Licenses Acquired                    
Amount of expense paid under the agreement           10,000        
Net sales           100,000        
VYNE APA | Zilxi | Second year anniversary                    
Assets and Licenses Acquired                    
Amount of expense paid under the agreement           20,000        
Net sales           200,000        
VYNE APA | Zilxi | Third year anniversary                    
Assets and Licenses Acquired                    
Amount of expense paid under the agreement           30,000        
Net sales           300,000        
VYNE APA | Zilxi | Fourth year anniversary                    
Assets and Licenses Acquired                    
Amount of expense paid under the agreement           40,000        
Net sales           400,000        
VYNE APA | Zilxi | Fifth year anniversary                    
Assets and Licenses Acquired                    
Amount of expense paid under the agreement           50,000        
Net sales           $ 500,000