v3.25.2
Other income (expense)
 6 Months Ended
Jun. 30, 2025
Other Income and Expenses [Abstract]  
Other income (expense) Other income (expense)
Interest Expense

The components of Interest expense for the three and six months ended June 30, 2025 and 2024 are as follows:
Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2025202420252024
Deferred royalty obligation interest expense$8,723 $8,266 $17,168 $16,359 
Effective interest expense on senior secured term loan facility4,274 4,413 8,059 8,816 
Interest expense$12,997 $12,679 $25,227 $25,175 

Other, net

The components of Other, net for the three and six months ended June 30, 2025 and 2024 are as follows:

Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2025202420252024
Deerfield warrant obligation, change in fair value income (expense)$— $2,230 $— $(838)
Cumulative catch-up adjustment, deferred royalty obligation184 263 196 526 
Exchange differences loss(847)(59)(937)(96)
R&D tax credit gain481 320 762 567 
Other, net$(182)$2,754 $21 $159