v3.26.1
Royalty Interest Financing (Tables)
3 Months Ended
Mar. 31, 2026
Related Party Transactions [Abstract]  
Schedule of Changes in the Liability Related to the Sale of Future Royalties
The following table shows the activity of the liability related to the sale of future royalties since the date of the Initial Investment through the period indicated:
March 31, 2026
Upfront payment from the sale of future royalties$5,000,000 
Debt issuance cost(276,101)
Relative fair value of Initial Royalty Warrant(834,512)
Royalty payments(10,964)
Non-cash interest expense and interest payable associated with the sale of future royalties1,690,309 
Liability related to the sale of future royalties$5,568,732