v3.26.3
Sale of Future Royalties (Tables)
6 Months Ended
Jun. 30, 2026
Other Liabilities Disclosure [Abstract]  
Schedule of Royalty Transaction Activity

The following table shows the activity within the liability account for the six months ended June 30, 2026:

 

(in thousands)

 

June 30, 2026

 

Liability related to sale of future Jemperli royalties and milestones - balance at 12/31/2025

 

$

252,563

 

Amortization of issuance costs

 

 

71

 

Royalty and milestone payments to Sagard

 

 

(59,218

)

Non-cash interest expense recognized(1)

 

 

41,289

 

Liability related to sale of future royalties and milestones - ending balance

 

$

234,705

 

(1) Of the non-cash interest expense recognized, none was negative amortization for the six months ended June 30, 2026.

The following table shows the activity within the liability account for the six months ended June 30, 2026:

 

(in thousands)

 

June 30, 2026

 

Liability related to sale of future Zejula royalties - balance at 12/31/2025

 

$

23,965

 

Amortization of issuance costs

 

 

14

 

Royalty and milestone payments to DRI

 

 

(2,009

)

Non-cash interest expense recognized (1)

 

 

(182

)

Liability related to sale of future royalties - ending balance

 

$

21,788

 

(1) Of the non-cash interest expense recognized, none was negative amortization for the six months ended June 30, 2026.