Intangibles, net (Tables) |
3 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2023 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangibles, net | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Summary of aggregate consideration transferred in connection with VYNE Product Acquisition |
The following table summarizes the aggregate consideration transferred for the assets acquired by Journey in connection with the VYNE Product Acquisition Agreement:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Summary of assets acquired in VYNE Product Acquisition |
The following table summarizes the assets acquired in the VYNE Product Acquisition Agreement:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of JMC recognized expense related to its product licenses |
The intangible assets acquired as part of the VYNE Product Acquisition Agreement were valued using an income approach, while the inventory was valued using a final sales value less cost to dispose approach.
The table below provides a summary of the Journey intangible assets as of March 31, 2023 and December 31, 2022, respectively:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of future amortization of intangible assets |
The future amortization of these intangible assets is as follows:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||