v3.26.1
Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets
The following is a summary of the Company’s amortizing intangible assets as of June 30, 2026:
June 30, 2026
(in thousands)Estimated
Useful Life		Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount
HETLIOZ®
2035$33,000 $19,593 $13,407 
PONVORY®
2042104,894 14,714 90,180 
NEREUSTM
203610,000 472 9,528 
Total amortizing intangible assets$147,894 $34,779 $113,115 
The following is a summary of the Company’s amortizing intangible assets as of December 31, 2025:
December 31, 2025
(in thousands)Estimated
Useful Life		Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount
HETLIOZ®
2035$33,000 $18,863 $14,137 
PONVORY®
2042104,894 11,942 92,952 
NEREUSTM
203610,000 — 10,000 
Total amortizing intangible assets$147,894 $30,805 $117,089 
Schedule of Future Intangible Asset Amortization
The following is a summary of the future intangible asset amortization schedule as of June 30, 2026:
(in thousands)Total20262027202820292030Thereafter
HETLIOZ®
$13,407 $731 $1,463 $1,463 $1,463 $1,463 $6,824 
PONVORY®
90,180 2,772 5,544 5,544 5,544 5,544 65,232 
NEREUSTM
9,528 471 941 941 941 941 5,293 
Total amortization expense$113,115 $3,974 $7,948 $7,948 $7,948 $7,948 $77,349