Company: SCLXW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0000950170-25-047800
Chunk: 284

Company: Scilex Holding Co
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1B
Chunk 284
---
    2024

    2023

    Net revenue
     
    $
    56,590

    $
    46,743

    Net operating costs and expenses:

    Cost of revenue

    16,689

    15,681

    Research and development

    9,641

    12,746

    Selling, general and administrative

    119,016

    119,641

    Intangible amortization

    4,031

    4,106

    Legal settlements

    (9,391
    )

    —

    Total net operating costs and expenses

    139,986

    152,174

    Loss from operations

    (83,396
    )

    (105,431
    )

    Other (income) expense, net:

    (Gain) loss on derivative liability

    (17,378
    )

    512

    Change in fair value of debt and liability instruments

    4,782

    7,189

    Interest expense, net

    1,963

    1,068

    Loss on foreign currency exchange

    45

    118

    Total other (income) expense, net

    (10,588
    )

    8,887

    Loss before income taxes

    (72,808
    )

    (114,318
    )

    Income tax (benefit) expense

    (1
    )

    13

    Net loss
     
    $
    (72,807
    )
     
    $
    (114,331
    )

    Net loss per share attributable to common stockholders — basic
     
    $
    (0.56
    )
     
    $
    (1.28
    )

    Net loss per share attributable to common stockholders — diluted
     
    $
    (0.61
    )
     
    $
    (1.28
    )

    Weighted average number of shares during the period — basic

    131,136

    130,298

    Weighted average number of shares during the period — diluted

    134,075

    130,298

    Comprehensive loss:

    Net loss
     
    $
    (72,807
    )
     
    $
    (114,331
    )

    Other comprehensive income:

    Changes in fair value attributable to