v3.26.1
LICENSE AND OTHER AGREEMENTS - Schedule of Activity in Financing for Royalty Agreements (Details)
$ in Thousands
6 Months Ended
Jun. 30, 2026
USD ($)
License  
Contractual Obligation [Roll Forward]  
Carrying value at December 31, 2025 $ 33,991
Interest accretion 2,946
Royalty payments accrued (912)
Carrying value at June 30, 2026 36,025
Less: current portion 2,987
Convertible fees allocated to royalty 93
Carrying value at June 30, 2026, net of current portion 32,945
Reedy Creek Purchase Agreement  
Contractual Obligation [Roll Forward]  
Carrying value at December 31, 2025 20,871
Interest accretion 1,583
Royalty payments accrued (521)
Carrying value at June 30, 2026 21,933
Less: current portion 1,527
Convertible fees allocated to royalty 0
Carrying value at June 30, 2026, net of current portion $ 20,406
June 30, 2026 Effective Annual Discount Rate 14.90%
Zelsuvmi Royalty Agreement  
Contractual Obligation [Roll Forward]  
Carrying value at December 31, 2025 $ 9,773
Interest accretion 1,203
Royalty payments accrued (391)
Carrying value at June 30, 2026 10,585
Less: current portion 1,281
Convertible fees allocated to royalty 0
Carrying value at June 30, 2026, net of current portion $ 9,304
June 30, 2026 Effective Annual Discount Rate 23.80%
Xepi Royalty Agreement  
Contractual Obligation [Roll Forward]  
Carrying value at December 31, 2025 $ 2,220
Interest accretion 110
Royalty payments accrued 0
Carrying value at June 30, 2026 2,330
Less: current portion 84
Convertible fees allocated to royalty 62
Carrying value at June 30, 2026, net of current portion $ 2,184
June 30, 2026 Effective Annual Discount Rate 9.80%
Sato Payments  
Contractual Obligation [Roll Forward]  
Carrying value at December 31, 2025 $ 1,127
Interest accretion 50
Royalty payments accrued 0
Carrying value at June 30, 2026 1,177
Less: current portion 95
Convertible fees allocated to royalty 31
Carrying value at June 30, 2026, net of current portion $ 1,051
June 30, 2026 Effective Annual Discount Rate 7.80%