Quarterly report pursuant to Section 13 or 15(d)

Acquisitions - Schedule of Allocation of Purchase Price (Details)

v3.19.1
Acquisitions - Schedule of Allocation of Purchase Price (Details) - USD ($)
3 Months Ended 10 Months Ended
Feb. 16, 2018
Nov. 17, 2017
Jun. 30, 2018
Sep. 30, 2018
Mar. 31, 2019
Dec. 31, 2018
Mar. 31, 2018
Fair value of liabilities assumed:              
Fair value of debt assumed         $ 0   $ (15,075,000)
Goodwill         $ 16,411,123 $ 16,411,123  
Avadel              
Business Acquisition [Line Items]              
Inventory $ 718,000            
Prepaid expenses and other current assets 570,000            
Identifiable Intangible Assets:              
Identifiable Intangible Assets: 18,291,000            
Fair value of liabilities assumed:              
Accrued expenses and other current liabilities (362,000)            
Fair value of debt assumed (15,075,000)            
Fair value of contingent consideration (7,920,000)            
Total identifiable net assets (3,778,000)            
Fair value of consideration transferred 1            
Goodwill 3,778,001            
Measurement Period Adjustments              
Inventory     $ (1,831,000)        
Prepaid expenses and other current assets     570,000        
Intangible assets     1,838,000        
Accrued expenses and other current liabilities     (362,000)        
Fair value of debt assumed     197,303        
Fair value of contingent consideration     (44,835)        
Total identifiable net assets     367,468        
Fair value of consideration transferred     (240,999)        
Goodwill     $ (608,467)        
TRx              
Business Acquisition [Line Items]              
Cash and cash equivalents   $ 11,068          
Accounts receivable, net   2,872,545          
Inventory   495,777          
Prepaid expenses and other current assets   134,281          
Other receivables   2,764,515          
Identifiable Intangible Assets:              
Identifiable Intangible Assets:   19,596,000          
Total assets acquired   25,874,186          
Fair value of liabilities assumed:              
Accounts payable   192,706          
Accrued expenses and other current liabilities   (8,614,937)          
Deferred tax liability   918,613          
Total liabilities assumed   9,726,256          
Total identifiable net assets   16,147,930          
Fair value of consideration transferred   28,781,052          
Goodwill   12,633,122          
Measurement Period Adjustments              
Accounts receivable, net       $ 0      
Inventory       0      
Prepaid expenses and other current assets       0      
Other receivables       2,764,515      
Intangible assets       1,528,000      
Total assets acquired       4,292,515      
Accounts payable       0      
Accrued expenses and other current liabilities       (3,764,515)      
Deferred tax liability       78,840      
Fair value of contingent consideration       1,210,000      
Total liabilities assumed       3,843,355      
Total identifiable net assets       449,160      
Fair value of consideration transferred       (1,210,000)      
Goodwill       (1,659,160)      
PAI sales and marketing agreement | TRx              
Identifiable Intangible Assets:              
Identifiable Intangible Assets:   2,553,000          
Measurement Period Adjustments              
Intangible assets       219,000      
Metafolin | Acquired product marketing rights | TRx              
Identifiable Intangible Assets:              
Identifiable Intangible Assets:   11,987,000          
Measurement Period Adjustments              
Intangible assets       1,522,000      
Millipred | Acquired product marketing rights | TRx              
Identifiable Intangible Assets:              
Identifiable Intangible Assets:   5,056,000          
Measurement Period Adjustments              
Intangible assets       342,000      
Ulesfia | Acquired product marketing rights | TRx              
Identifiable Intangible Assets:              
Identifiable Intangible Assets:   0          
Measurement Period Adjustments              
Intangible assets       $ (555,000)      
Previously Reported | Avadel              
Business Acquisition [Line Items]              
Inventory 2,549,000            
Prepaid expenses and other current assets 0            
Identifiable Intangible Assets:              
Identifiable Intangible Assets: 16,453,000            
Fair value of liabilities assumed:              
Accrued expenses and other current liabilities 0            
Fair value of debt assumed (15,272,303)            
Fair value of contingent consideration (7,875,165)            
Total identifiable net assets (4,145,468)            
Fair value of consideration transferred 241,000            
Goodwill $ 4,386,468            
Previously Reported | TRx              
Business Acquisition [Line Items]              
Cash and cash equivalents   11,068          
Accounts receivable, net   2,872,545          
Inventory   495,777          
Prepaid expenses and other current assets   134,281          
Other receivables   0          
Identifiable Intangible Assets:              
Identifiable Intangible Assets:   18,068,000          
Total assets acquired   21,581,671          
Fair value of liabilities assumed:              
Accounts payable   192,706          
Accrued expenses and other current liabilities   (4,850,422)          
Deferred tax liability   839,773          
Total liabilities assumed   5,882,901          
Total identifiable net assets   15,698,770          
Fair value of consideration transferred   29,991,052          
Goodwill   14,292,282          
Previously Reported | PAI sales and marketing agreement | TRx              
Identifiable Intangible Assets:              
Identifiable Intangible Assets:   2,334,000          
Previously Reported | Metafolin | Acquired product marketing rights | TRx              
Identifiable Intangible Assets:              
Identifiable Intangible Assets:   10,465,000          
Previously Reported | Millipred | Acquired product marketing rights | TRx              
Identifiable Intangible Assets:              
Identifiable Intangible Assets:   4,714,000          
Previously Reported | Ulesfia | Acquired product marketing rights | TRx              
Identifiable Intangible Assets:              
Identifiable Intangible Assets:   $ 555,000