v3.26.1
Royalty Financing Obligations - Schedule of Royalty Financing Obligations (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2026
Jun. 30, 2025
Royalty Montizations [Roll Forward]        
Beginning balance $ 447,498 $ 465,688 $ 465,688  
Non-cash interest expense on royalty financing obligations 13,036 13,294 26,330 $ 26,916
Royalty revenues payable (33,745) (31,484)    
Ending balance 426,789 447,498 426,789  
2020 RPI Royalty Agreement        
Royalty Montizations [Roll Forward]        
Beginning balance 165,538 169,559 169,559  
Non-cash interest expense on royalty financing obligations 10,159 10,111    
Royalty revenues payable (15,148) (14,132)    
Ending balance $ 160,549 165,538 $ 160,549  
Effective interest rate 24.00%   24.00%  
2021 RPI Royalty Agreement        
Royalty Montizations [Roll Forward]        
Beginning balance $ 171,451 172,671 $ 172,671  
Non-cash interest expense on royalty financing obligations 0 0    
Royalty revenues payable (1,309) (1,220)    
Ending balance $ 170,142 171,451 $ 170,142  
Effective interest rate 0.00%   0.00%  
OMERS Royalty Agreement        
Royalty Montizations [Roll Forward]        
Beginning balance $ 110,509 123,458 $ 123,458  
Non-cash interest expense on royalty financing obligations 2,877 3,183    
Royalty revenues payable (17,288) (16,132)    
Ending balance $ 96,098 $ 110,509 $ 96,098  
Effective interest rate 10.30%   10.30%