Quarterly report pursuant to Section 13 or 15(d)

ORGANIZATION AND PLAN OF BUSINESS OPERATIONS (Details)

v3.23.1
ORGANIZATION AND PLAN OF BUSINESS OPERATIONS (Details)
 1 Months Ended 3 Months Ended
Dec. 30, 2022
USD ($)
Jan. 31, 2022
USD ($)
item
Mar. 31, 2023
USD ($)
item
$ / shares
shares
Mar. 31, 2022
USD ($)
Aug. 31, 2023
USD ($)
May 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Aug. 31, 2022
USD ($)
Mar. 31, 2021
USD ($)
ORGANIZATION AND PLAN OF BUSINESS OPERATIONS                  
Cash and cash equivalents and restricted cash     $ 26,100,000            
Cash and cash equivalents     17,349,000       $ 32,003,000    
Cash and cash equivalents to restricted cash     $ 8,750,000            
Number of branded drugs in product portfolio | item   8 8            
Number of authorized generic prescription drugs | item     3            
Borrowings     $ 23,000,000       $ 27,948,000    
Selling, general and administrative     13,292,000 $ 14,715,000          
Revolving line of credit                  
ORGANIZATION AND PLAN OF BUSINESS OPERATIONS                  
Maximum borrowing capacity     10,000,000.0            
Remaining borrowing capacity.     3,000,000.0            
Outstanding borrowings           $ 3,000,000.0      
Revolving line of credit                  
ORGANIZATION AND PLAN OF BUSINESS OPERATIONS                  
Maximum borrowing capacity     0            
Term loan                  
ORGANIZATION AND PLAN OF BUSINESS OPERATIONS                  
Maximum borrowing capacity     10,000,000.0            
Borrowings   $ 15,000,000.0 10,000,000.0         $ 5,000,000.0  
Term loan | Revolving line of credit                  
ORGANIZATION AND PLAN OF BUSINESS OPERATIONS                  
Maximum borrowing capacity     20,000,000.0            
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            
IPO                  
ORGANIZATION AND PLAN OF BUSINESS OPERATIONS                  
Common stock par value | $ / shares     $ 0.0001            
Maximum borrowing capacity                 $ 7,500,000
Subsequent Event | Term loan                  
ORGANIZATION AND PLAN OF BUSINESS OPERATIONS                  
Cash and cash equivalents         $ 8,750,000        
Subsequent Event | Term loan | Maximum                  
ORGANIZATION AND PLAN OF BUSINESS OPERATIONS                  
Cash and cash equivalents         $ 10,000,000.0        
East West Bank                  
ORGANIZATION AND PLAN OF BUSINESS OPERATIONS                  
Maximum borrowing capacity                 $ 7,500,000
Selling, general and administrative     $ 12,000,000.0            
Term loan                  
ORGANIZATION AND PLAN OF BUSINESS OPERATIONS                  
Maximum borrowing capacity     $ 10,000,000.0            
Outstanding borrowings           $ 10,000,000.0