Annual report pursuant to Section 13 and 15(d)

Acquisition - Schedule of Allocation of Purchase Price (Details)

v3.19.1
Acquisition - Schedule of Allocation of Purchase Price (Details) - USD ($)
1 Months Ended 2 Months Ended 3 Months Ended 7 Months Ended 10 Months Ended 12 Months Ended
Feb. 16, 2018
Nov. 17, 2017
Dec. 31, 2017
Mar. 31, 2018
Jun. 30, 2018
Sep. 30, 2018
Sep. 30, 2018
Dec. 31, 2018
Dec. 31, 2016
Fair value of liabilities assumed:                  
Debt assumed in Avadel Pediatric Products acquisition     $ 0         $ (15,075,000)  
Goodwill     14,292,282         16,411,123 $ 0
Measurement Period Adjustments                  
Intangible assets               1,527,998  
Goodwill               $ (1,659,160)  
Avadel                  
Business Acquisition [Line Items]                  
Inventory $ 718,000                
Prepaid expenses and other current assets 570,000                
Identifiable Intangible Assets:                  
Intangible assets 18,291,000                
Fair value of liabilities assumed:                  
Accrued expenses and other current liabilities (362,000)                
Debt assumed in Avadel Pediatric Products acquisition (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       $ 300,000 $ (1,831,000)        
Prepaid assets         570,000        
Intangible assets         1,838,000 $ 1,838,000      
Accrued expenses         (362,000)        
Fair value of debt assumed         197,303        
Fair value of contingent consideration         (44,835)        
Total net liabilities assumed         367,468        
Consideration exchanged         (240,999)        
Goodwill         $ (608,467)        
TRx                  
Business Acquisition [Line Items]                  
Fair value of assets acquired:   $ 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:                  
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     $ 200,000       0    
Prepaid assets             0    
Other receivables             2,764,515    
Intangible assets             1,528,000    
Total assets acquired             4,292,515    
Accounts payable             0    
Accrued expenses             (3,764,515)    
Deferred tax liability             78,840    
Fair value of contingent consideration             1,210,000    
Total liabilities assumed             3,843,355    
Total net liabilities assumed             449,160    
Consideration exchanged             (1,210,000)    
Goodwill             (1,659,160)    
PAI Sales & Marketing Agreement | TRx                  
Identifiable Intangible Assets:                  
Intangible assets   2,553,000              
Measurement Period Adjustments                  
Intangible assets             219,000    
Metafolin | Acquired Product Marketing Rights | TRx                  
Identifiable Intangible Assets:                  
Intangible assets   11,987,000              
Measurement Period Adjustments                  
Intangible assets             1,522,000    
Millipred | Acquired Product Marketing Rights | TRx                  
Identifiable Intangible Assets:                  
Intangible assets   5,056,000              
Measurement Period Adjustments                  
Intangible assets             342,000    
Ulesfia | Acquired Product Marketing Rights | TRx                  
Identifiable Intangible Assets:                  
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:                  
Intangible assets 16,453,000                
Fair value of liabilities assumed:                  
Accrued expenses and other current liabilities 0                
Debt assumed in Avadel Pediatric Products acquisition (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]                  
Fair value of assets acquired:   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:                  
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 & Marketing Agreement | TRx                  
Identifiable Intangible Assets:                  
Intangible assets   2,334,000              
Previously Reported | Metafolin | Acquired Product Marketing Rights | TRx                  
Identifiable Intangible Assets:                  
Intangible assets   10,465,000              
Previously Reported | Millipred | Acquired Product Marketing Rights | TRx                  
Identifiable Intangible Assets:                  
Intangible assets   4,714,000              
Previously Reported | Ulesfia | Acquired Product Marketing Rights | TRx                  
Identifiable Intangible Assets:                  
Intangible assets   $ 555,000