v3.25.2
Royalty Financing Obligations - Schedule of Royalty Financing Obligations (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2025
Jun. 30, 2024
Royalty Montizations [Roll Forward]        
Balance $ 500,918 $ 513,729 $ 513,729  
Non-cash interest expense on royalty financing obligations 13,402 13,514 26,916 $ 28,450
Royalty Revenues Payable (30,737) (26,325)    
Balance 483,583 500,918 483,583  
2020 RPI Royalty Agreement        
Royalty Montizations [Roll Forward]        
Balance 178,351 180,413 180,413  
Non-cash interest expense on royalty financing obligations 9,804 9,756    
Royalty Revenues Payable (13,798) (11,818)    
Balance $ 174,357 178,351 $ 174,357  
Effective interest rate 21.70%   21.70%  
2021 RPI Royalty Agreement        
Royalty Montizations [Roll Forward]        
Balance $ 180,119 181,140 $ 181,140  
Non-cash interest expense on royalty financing obligations 0 0    
Royalty Revenues Payable (1,193) (1,021)    
Balance $ 178,926 180,119 $ 178,926  
Effective interest rate 0.00%   0.00%  
OMERS Royalty Agreement        
Royalty Montizations [Roll Forward]        
Balance $ 142,448 152,176 $ 152,176  
Non-cash interest expense on royalty financing obligations 3,598 3,758    
Royalty Revenues Payable (15,746) (13,486)    
Balance $ 130,300 $ 142,448 $ 130,300  
Effective interest rate 10.10%   10.10%