v3.26.1
Interest Expense, Net (Tables)
12 Months Ended
Dec. 31, 2025
Banking and Thrift, Interest [Abstract]  
Schedule of Interest Expense, Net
Interest expense, net consisted of the following (in thousands):
Year Ended December 31,
2025
2024
Interest expense accrued on liabilities related to future royalties and milestones, net (refer to Note 12)
$42,138 $39,510 
Cumulative catch-up adjustment arising from the liabilities related to future royalties and milestones, net (refer to Note 12)
(5,699)(30,644)
Other interest expense
231428
Total Interest Expense, Net$36,670 $9,294