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Collegium Pharmaceutical, Inc. COLL Durham, North Carolina — Impairment expense

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Other financials

Income statement

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Revenue$199.9M+6.3%
Gross profit$110.3M+1.8%
Operating income$3.7M-89.5%
Net income-$15.1M-226%
EPS (diluted)-$0.46-235%

Balance sheet

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Cash & equivalents$150.4M+8.8%
Total debt$5.0M-19.8%
Total equity$311.9M+34.3%
Total assets$2.1B+34.1%

Cash flow

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Operating cash flow$71.3M-1.5%
CapEx$496.0K+663%
Free cash flow$70.8M-2.1%

Valuation

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Market cap$882.2M-22.5%
Enterprise value$736.79M-26.8%
P/E18.4×-13.0×
P/S1.1×-0.5×

Profitability

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Gross margin60%+3.3pp
Operating margin19.5%+1.1pp
Net margin5.9%+0.8pp
FCF margin40.6%+10.8pp

Returns & leverage

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Return on equity17.6%+1.4pp
Debt / equity0.0×
Current ratio-0.2×

Where this comes from

Reported directly by Collegium Pharmaceutical, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseImpairmentLoss.

The source filing: Collegium Pharmaceutical, Inc.’s 10-K, filed February 26, 2026.

Filed
Feb 26, 2026, 7:34 AM EST
Fiscal year
FY2025
Accession
0001628280-26-011992

In connection with the Ironshore Acquisition, the Company acquired an operating lease for the former U.S. headquarters of Ironshore pursuant to which the Company leases 8,817 of rentable square feet of space in Durham, North Carolina (the “Ironshore Lease”). The Ironshore Lease continues through February 2028. In the year ended December 31, 2025, the Company concluded that the right-of-use asset associated with the Ironshore Lease was impaired, and the Company recognized an impairment expense of $575 within selling, operating and administrative expense.

Item 16. Form 10-K Summary

FAQ

What is Collegium Pharmaceutical, Inc.'s durham, north carolina — impairment expense?
Collegium Pharmaceutical, Inc. (COLL) reported durham, north carolina — impairment expense of $143.75K in Q4 2025.
What does durham, north carolina — impairment expense mean?
This metric represents the non-cash charge recognized when the carrying value of long-lived assets or intangible assets associated with the Durham, North Carolina segment exceeds their fair market value. An increase in this expense indicates a decline in the expected future economic benefit of assets located in this region, often signaling operational challenges or strategic shifts. Monitoring this figure is critical for assessing asset quality and the potential for future write-downs in specific geographic segments.

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