Revenue Share Liability (Tables)

6 Months Ended

Jun. 30, 2026

Revenue Share Liability [Abstract]

Schedule of Revenue Percentages Payable to BXLS

The table below summarizes the Revenue Percentages payable to BXLS, based on the tiers of Annual Aggregate Product Net Sales. The Base Revenue Percentage shown reflects the rate applicable after receipt of the Tranche 1 Funding; this rate would double upon receipt of the Tranche 2 Funding, and double again upon receipt of the Tranche 3 Funding. The Tranche 4 Revenue Percentage is subject to proportional adjustment if the Tranche 4 Funding is less than the Tranche 4 Maximum Purchase Price:


Annual Aggregate Product Net Sales		Base Revenue Percentage		Tranche 4 Revenue Percentage		Maximum Revenue Percentage
Up to and including $5 billion (“Tier 1”)		0.9375%		2.50%		3.4375%
In excess of $5 billion but less than or equal to $8 billion		0.25%		0.00%		0.25%

Schedule of Revenue Share Liability Activity

The following table provides the revenue share liability activity from agreement execution to June 30, 2026:


		Amount
Tranche 1 Funding		$	100,000
Issuance costs			(2,349	)
Non-cash interest expense			1,580
Revenue share liability balance as of June 30, 2026		$	99,231