v3.26.1
Liability Related to the Sale of Future Revenues (Tables)
6 Months Ended
Jun. 30, 2026
Liability for Future Policy Benefit, after Reinsurance [Abstract]  
Schedule of Liability Related to the Sale of Future Revenues

The following table presents the changes in the liability related to the sale of future revenues under the HCRx Agreement for the six months ended June 30, 2026:

 

 

 

June 30, 2026

 

 

 

(in thousands)

 

Liability related to sale of future revenues as of January 1, 2026

 

$

42,423

 

Reduction of debt in exchange for pre-funded warrants

 

 

(1,672

)

Accretion of interest expense on liability related to sale of future revenues

 

 

987

 

Amortization of debt discount and debt issuance costs

 

 

30

 

Repayment of the liability

 

 

(230

)

Liability related to the sale of future revenues as of June 30, 2026

 

 

41,538

 

Less: current portion

 

 

(1,032

)

Liability related to sale of future revenues - long-term

 

$

40,506