v3.26.1
Royalty Purchase Agreement - Other (Details)
$ / shares in Units, $ in Millions
May 01, 2026
USD ($)
shares
Aug. 04, 2025
USD ($)
tranche
$ / shares
shares
Jul. 31, 2025
USD ($)
shares
Mar. 31, 2026
$ / shares
Dec. 31, 2025
Ligand Warrant          
Royalty Purchase Agreement          
Price per share (in dollars per share) | $ / shares       $ 3.67  
Term       9 years 4 months 2 days  
Revenue Participation Right Purchase and Sale Agreement | AVIM Therapy and Virtue Sab Products ("Products") | Ligand Warrant          
Royalty Purchase Agreement          
Percentage of revenue repayment     17.00%    
Amount of revenue repayment     $ 17.0    
Revenue Participation Right Purchase and Sale Agreement | Avim Therapy Products | Ligand Warrant          
Royalty Purchase Agreement          
Threshold amount of revenue repayment     4.00%    
Ligand Pharmaceuticals Incorporated (the "Purchaser") | Revenue Participation Right Purchase and Sale Agreement          
Royalty Purchase Agreement          
Investment amount     $ 35.0    
Interest rate       23.30% 23.10%
Ligand Pharmaceuticals Incorporated (the "Purchaser") | Revenue Participation Right Purchase and Sale Agreement | AVIM Therapy and Virtue Sab Products ("Products")          
Royalty Purchase Agreement          
Number of tranches | tranche   2      
Ligand Pharmaceuticals Incorporated (the "Purchaser") | Revenue Participation Right Purchase and Sale Agreement | AVIM Therapy and Virtue Sab Products ("Products") | Royalty Rate Applicable Until Second Installment Is Paid          
Royalty Purchase Agreement          
Percentage of royalty funded amount as per the agreement     57.10%    
Ligand Pharmaceuticals Incorporated (the "Purchaser") | Revenue Participation Right Purchase and Sale Agreement | AVIM Therapy and Virtue Sab Products ("Products") | Minimum | Annual Net Sales of the products are less than or equal to $100 million          
Royalty Purchase Agreement          
Revenue sharing percentage (%)     17.00%    
Ligand Pharmaceuticals Incorporated (the "Purchaser") | Revenue Participation Right Purchase and Sale Agreement | AVIM Therapy and Virtue Sab Products ("Products") | Minimum | Annual Net Sales of the products are greater than or equal to $100 million          
Royalty Purchase Agreement          
Revenue sharing percentage (%)     4.00%    
Ligand Pharmaceuticals Incorporated (the "Purchaser") | Revenue Participation Right Purchase and Sale Agreement | AVIM Therapy and Virtue Sab Products ("Products") | Maximum | Annual Net Sales of the products are less than or equal to $100 million          
Royalty Purchase Agreement          
Revenue sharing percentage (%)     20.00%    
Ligand Pharmaceuticals Incorporated (the "Purchaser") | Revenue Participation Right Purchase and Sale Agreement | AVIM Therapy and Virtue Sab Products ("Products") | Maximum | Annual Net Sales of the products are greater than or equal to $100 million          
Royalty Purchase Agreement          
Revenue sharing percentage (%)     7.00%    
Ligand Pharmaceuticals Incorporated (the "Purchaser") | Revenue Participation Right Purchase and Sale Agreement | AVIM Therapy and Virtue Sab Products ("Products") | Tranche One          
Royalty Purchase Agreement          
Proceeds from the royalty purchase agreement   $ 20.0      
Ligand Pharmaceuticals Incorporated (the "Purchaser") | Revenue Participation Right Purchase and Sale Agreement | AVIM Therapy and Virtue Sab Products ("Products") | Tranche Two          
Royalty Purchase Agreement          
Investment amount $ 15.0        
Ligand Pharmaceuticals Incorporated (the "Purchaser") | Revenue Participation Right Purchase and Sale Agreement | Virtue Sab Products          
Royalty Purchase Agreement          
Threshold amount of revenue repayment     4.00%    
Ligand Pharmaceuticals Incorporated (the "Purchaser") | Ligand Stock Purchase Agreement | Ligand Warrant          
Royalty Purchase Agreement          
Price per share (in dollars per share) | $ / shares   $ 3.67      
Term     10 years    
Ligand Pharmaceuticals Incorporated (the "Purchaser") | Ligand Stock Purchase Agreement | Ligand Warrant | Maximum          
Royalty Purchase Agreement          
Number of warrants to be issued | shares   2,000,000      
Ligand Pharmaceuticals Incorporated (the "Purchaser") | Ligand Stock Purchase Agreement | Tranche One | Ligand Warrant          
Royalty Purchase Agreement          
Number of warrants to be issued | shares     1,142,857    
Ligand Pharmaceuticals Incorporated (the "Purchaser") | Ligand Stock Purchase Agreement | Tranche Two | Ligand Warrant          
Royalty Purchase Agreement          
Number of warrants to be issued | shares 857,143