v3.26.1
Liability Related to the Sale of Future Royalties (Tables)
6 Months Ended
Jun. 30, 2026
Deferred Revenue Disclosure [Abstract]  
Schedule of Activity of Liability Related to the Sale of Future Royalties

The following table shows the activity of the liability related to the sale of future royalties for the six months ended June 30, 2026:

 

 

 

Amount

 

 

 

(in thousands)

 

Liability related to the sale of future royalties - beginning balance

 

$

268,446

 

Proceeds from the sale of future royalties

 

 

250,000

 

Issuance costs

 

 

(5,000

)

Non-cash interest expense associated with the sale of future royalties

 

 

34,440

 

Amortization of issuance costs

 

 

656

 

Liability related to the sale of future royalties - ending balance

 

$

548,542