v3.26.1
Accrued Expenses and Other Liabilities (Tables)
3 Months Ended
Mar. 31, 2026
Payables and Accruals [Abstract]  
Schedule of Accrued Expenses and Other Liabilities

Accrued expenses and other liabilities consist of the following (in thousands):

 

 

March 31, 2026

 

 

December 31, 2025

 

Accrued preclinical and clinical trial expenses

 

$

644

 

 

$

496

 

Accrued professional fees

 

 

8,461

 

 

 

9,314

 

Accrued compensation and benefits

 

 

6,526

 

 

 

11,358

 

Accrued license fees

 

 

7,571

 

 

 

37,581

 

Accrued purchases

 

 

3,342

 

 

 

2,773

 

Operating lease liability

 

 

446

 

 

 

437

 

Accrued revenue allowances

 

 

75,454

 

 

 

57,821

 

Accrued income tax

 

 

19,626

 

 

 

1,396

 

Due to licensor

 

 

2,432

 

 

 

13,799

 

Accrued interest payable

 

 

 

 

 

135

 

Other

 

 

745

 

 

 

840

 

Current accrued expenses and other liabilities

 

 

125,247

 

 

 

135,950

 

Operating lease liability – non-current

 

 

2,235

 

 

 

2,350

 

Other – non-current

 

 

280

 

 

 

209

 

Non-current accrued expenses and other liabilities

 

 

2,515

 

 

 

2,559

 

Total accrued expenses and other liabilities

 

$

127,762

 

 

$

138,509