Intangibles, net (Tables) |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 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:
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| Summary of assets acquired in VYNE Product Acquisition |
The following table summarizes the assets acquired in the VYNE Product Acquisition Agreement:
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| 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 June 30, 2023 and December 31, 2022, respectively:
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| Schedule of future amortization of intangible assets |
The future amortization of these intangible assets is as follows:
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