Quarterly report pursuant to Section 13 or 15(d)

ORGANIZATION AND PLAN OF BUSINESS OPERATIONS (Details)

v3.23.2
ORGANIZATION AND PLAN OF BUSINESS OPERATIONS (Details)
 1 Months Ended 3 Months Ended 6 Months Ended
Dec. 30, 2022
USD ($)
Jul. 31, 2023
USD ($)
Jan. 31, 2022
USD ($)
item
Jun. 30, 2023
USD ($)
$ / shares
Jun. 30, 2022
USD ($)
Jun. 30, 2023
USD ($)
item
$ / shares
shares
Jun. 30, 2022
USD ($)
Aug. 31, 2023
USD ($)
May 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Aug. 31, 2022
USD ($)
Jan. 12, 2022
USD ($)
ORGANIZATION AND PLAN OF BUSINESS OPERATIONS                        
Number of branded drugs in product portfolio | item     8     8            
Number of authorized generic prescription drugs | item           3            
Cash and cash equivalents       $ 8,230,000   $ 8,230,000       $ 32,003,000    
Restricted cash       8,750,000   8,750,000            
Borrowings       10,000,000   10,000,000       $ 27,948,000    
Outstanding principal balance voluntarily paid off           10,000,000            
Selling, general and administrative       12,141,000 $ 15,191,000 25,433,000 $ 29,906,000          
Employee severance obligation                        
ORGANIZATION AND PLAN OF BUSINESS OPERATIONS                        
Severance obligation       700,000   700,000            
Severance obligation remaining to be paid       $ 133,000   133,000            
Common Stock                        
ORGANIZATION AND PLAN OF BUSINESS OPERATIONS                        
Stock issued value $ 150,000,000.0         $ 150,000,000.0            
Stock issued (in shares) | shares           4,900,000            
Common stock par value | $ / shares       $ 0.0001   $ 0.0001            
Subsequent Event | Term loan                        
ORGANIZATION AND PLAN OF BUSINESS OPERATIONS                        
Outstanding principal balance voluntarily paid off   $ 10,000,000.0                    
East West Bank | Subsequent Event                        
ORGANIZATION AND PLAN OF BUSINESS OPERATIONS                        
Outstanding borrowings   10,000,000.0                    
Revolving line of credit                        
ORGANIZATION AND PLAN OF BUSINESS OPERATIONS                        
Maximum borrowing capacity                       $ 10,000,000.0
Outstanding borrowings                 $ 3,000,000.0      
Term loan                        
ORGANIZATION AND PLAN OF BUSINESS OPERATIONS                        
Borrowings     $ 15,000,000.0 $ 10,000,000.0   $ 10,000,000.0         $ 5,000,000.0  
Term loan | Subsequent Event                        
ORGANIZATION AND PLAN OF BUSINESS OPERATIONS                        
Cash and cash equivalents               $ 8,750,000        
Term loan | East West Bank                        
ORGANIZATION AND PLAN OF BUSINESS OPERATIONS                        
Maximum borrowing capacity       $ 20,000,000.0   $ 20,000,000.0            
Outstanding principal balance voluntarily paid off   $ 10,000,000.0