Annual report pursuant to Section 13 and 15(d)

ASSET ACQUISITION (Tables)

v3.23.1
ASSET ACQUISITION (Tables)
12 Months Ended
Dec. 31, 2022
ASSET ACQUISITION  
Schedule of aggregate consideration transferred for the assets acquired

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Aggregate 

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Consideration 

($’s in thousands)

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Transferred

Consideration transferred to Vyne at closing

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$

20,000

Fair Value of deferred cash payment due January 2023

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4,740

Transaction costs

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223

Total consideration transferred at closing

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$

24,963

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Schedule of fair value of assets acquired

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Assets 

($’s in thousands)

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Recognized

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Inventory

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$

6,041

Identifiable Intangibles:

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Amzeeq Intangible

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15,162

Zilxi Intangible

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3,760

Fair value of net identifiable assets acquired

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$

24,963

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