v3.26.1
Debt (Tables)
6 Months Ended
Jun. 30, 2026
Debt Instrument [Line Items]  
Schedule of the Tranche B Note

The following table provides a summary of the changes in the balance and the estimated fair value of the Tranche B Notes (in thousands):

 

 

June 30,

 

 

2026

 

Ending Balance as of December 31, 2025

$

17,500

 

Repayment of Tranche B Notes principal and interest

 

(6,319

)

Change in fair value of Tranche B Notes

 

959

 

Ending Balance as of June 30, 2026

$

12,140

 

Schedule of revenue liability activity

The following table summarizes the purchased revenue liability activity related to ZTlido Royalty Purchase Agreement during the six months ended June 30, 2026 (in thousands):

 

 

June 30,

 

 

2026

 

Ending Balance as of December 31, 2025

$

6,100

 

Repayment of purchased revenue liability

 

(1,148

)

Change in fair value of purchased revenue liability

 

823

 

Ending Balance as of June 30, 2026

$

5,775

 

June 30,

 

 

2026

 

Ending Balance as of December 31, 2025

$

2,300

 

Repayment of purchased revenue liability

$

(44

)

Change in fair value of purchased revenue liability

 

167

 

Ending Balance as of June 30, 2026

$

2,423

Oramed Note [Member]  
Debt Instrument [Line Items]  
Schedule of the Oramed Note

The following table provides a summary of the changes in the balance and the estimated fair value of the Oramed Note (in thousands):

 

 

June 30,

 

 

2026

 

Ending Balance as of December 31, 2025

$

27,688

 

Change in fair value of Oramed Note – recorded in the unaudited condensed consolidated statements of operations and comprehensive loss

 

1,080

 

Ending Balance as of June 30, 2026

$

28,768