v3.26.3
Deferred Royalty Obligations, Net - Narrative (Details) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended
Jan. 17, 2024
Jun. 30, 2023
Jun. 30, 2025
Dec. 31, 2024
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Dec. 31, 2025
Deferred Royalty Obligations [Line Items]                  
Fair value of embedded derivative liability         $ 14,341   $ 14,341   $ 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         $ 14,341   $ 14,341   $ 21,439
Royalty agreement, interest rate, effective percentage         22.20%   22.20%   22.20%
Royalty agreement, interest expense         $ 33,700 $ 28,300 $ 98,500 $ 78,200  
Royalty agreement, amortization of debt issuance costs and discounts         4,400 3,700 13,000 10,000  
Deferred royalty obligation, current         24,600   24,600   $ 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         11.20%   11.20%   10.40%
Royalty agreement, interest expense         $ 8,600 8,100 $ 25,000 8,300  
Royalty agreement, amortization of debt issuance costs and discounts         200 $ 200 600 $ 200  
Deferred royalty obligation, current         $ 11,500   $ 11,500   $ 3,000