Company: PCRX
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001396814-25-000102
Chunk: 189

Company: Pacira BioSciences, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 8
Chunk 189
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 regenerative health solutions. The Company is managed by a single management team, and consistent with its organizational structure, the Chief Executive Officer—who is the Company’s chief operating decision maker, or CODM—manages and allocates resources at a consolidated level. Accordingly, the Company views its business as one operating segment and one reportable segment to evaluate its performance, allocate resources, set operational targets and forecast its future financial results.The key measure of the Company is GAAP net income. The CODM uses this measure to evaluate its performance, allocate resources, set operational targets and forecast its future financial results.There are significant expense categories and amounts that are regularly provided to the CODM. These expense categories differ from what is disclosed in the Company’s financial results. The table below reconciles the significant expense categories provided to the CODM to the Company’s expenses as disclosed under GAAP (in thousands):

Pacira BioSciences, Inc.  |  Q2 2025 Form 10-Q  |  Page 35

Three Months EndedJune 30,Six Months EndedJune 30,2025202420252024Revenues$181,099 $178,023 $350,022 $345,140 Less:Adjusted cost of goods sold32,663 43,003 65,253 89,291 Adjusted research and development24,686 18,413 47,787 34,848 Adjusted selling and marketing50,964 39,047 106,535 78,482 Adjusted general and administrative26,231 19,937 46,840 44,266 Stock-based compensation15,472 12,524 30,025 25,675 Amortization of acquired intangible assets14,322 14,322 28,644 28,644 Changes in the fair value of contingent consideration(357)1,509 (3,032)(2,297)Other8,619 1,028 17,481 4,779 Total operating expenses172,600 149,783 339,533 303,688           Total other (expense) income, net(10,426)8,344 (3,710)8,772 (Loss) income before income taxes(1,927)36,584 6,779 50,224 Income tax expense(2,920)(17,698)(6,814)(22,359)Net (loss) income$(