v3.26.1
Deferred Royalty Obligations, Net - Narrative (Details) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jan. 17, 2024
Jun. 30, 2023
Jun. 30, 2025
Dec. 31, 2024
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Deferred Royalty Obligations [Line Items]                    
Fair value of embedded derivative liability           $ 15,709   $ 15,709   $ 21,439
Royalty Interest Purchase and Sale Agreement                    
Deferred Royalty Obligations [Line Items]                    
Percentage of royalty payment equal to annual cap     60.00%              
Annual net sales     $ 500,000              
Percentage of purchase price equal to hard cap     145.00%              
Proceeds from royalty obligation under interest purchase and sale agreement       $ 297,000            
Royalty obligation debt issuance costs       $ 3,000            
Royalty Interest Purchase and Sale Agreement | Eidos                    
Deferred Royalty Obligations [Line Items]                    
Royalty purchase agreement, proceeds from sale     $ 300,000              
Funding Agreement                    
Deferred Royalty Obligations [Line Items]                    
Funding payment received, net of certain transaction expenses   $ 500,000     $ 500,000          
Percentage of royalty interest payments on net sales   5.00%                
Royalty interest payments may adjust to maximum rate   10.00%                
Royalty interest payments equal to cap amount   $ 950,000                
Proceeds from royalty obligation under funding agreement         472,500          
Royalty obligation debt discount and issuance costs paid in cash         $ 27,500          
Fair value of embedded derivative liability           $ 15,709   $ 15,709   $ 21,439
Royalty agreement, interest rate, effective percentage           22.40%   22.40%   22.20%
Royalty agreement, interest expense           $ 33,000 $ 25,800 $ 64,800 $ 49,800  
Royalty agreement, amortization of debt issuance costs and discounts           4,400 $ 3,300 8,600 $ 6,300  
Deferred royalty obligation, current           20,900   20,900   $ 8,200
Royalty Purchase Agreement                    
Deferred Royalty Obligations [Line Items]                    
Fair value of embedded derivative liability           $ 0   $ 0   $ 0
Royalty agreement, interest rate, effective percentage           10.70%   10.70%   10.40%
Royalty agreement, interest expense $ 300         $ 8,300   $ 16,400    
Royalty agreement, amortization of debt issuance costs and discounts $ 0         200   400    
Deferred royalty obligation, current           $ 8,400   $ 8,400   $ 3,000