v3.25.2
DEBT (Tables)
6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Future Minimum Payments Under Loan Agreement
The following table presents future minimum payments, including interest and the end of term charge, under the Loan Agreement as of June 30, 2025 (in thousands):
2025$9,594 
202612,734 
202712,734 
202812,769 
2029135,641 
Thereafter— 
Total$183,472 
Less: amount representing interest(58,472)
Less: unamortized debt discount and issuance costs(6,009)
Noncurrent portion of debt$118,991 
Schedule Of Activity Within Liability Related To Sale Of Future Royalties
The following table shows the activity within the liability related to sale of future royalties during the six months ended June 30, 2025:

(in thousands)Liability Related to Sale of Future Royalties
Carrying value of liability related to sale of future royalties at December 31, 2024
$125,912 
Interest expense recognized5,079 
Royalty payments(3,023)
Carrying value of liability related to sale of future royalties at June 30, 2025$127,968