v3.26.3
Commitments and Contingencies
9 Months Ended
Sep. 30, 2026
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES
NOTE 11 – COMMITMENTS AND CONTINGENCIES
Purchase Commitments
The Company contracts with various third parties to conduct certain activities including clinical operations and contract manufacturing, and for the clinical and commercial supply of BRIUMVI. Certain contracts contain non-cancelable features or require the Company to make binding forecasts for future purchases. As of September 30, 2026, the Company had aggregate non-cancelable purchase commitments of $219.8 million, of which $105.7 million and $114.1 million are expected to be incurred in the years 2027 and 2028, respectively. These amounts do not represent the Company’s entire anticipated purchase requirements, as the amounts of such obligations will ultimately be dependent on the timing of future orders and the terms of the existing and future agreements, which cannot be reasonably estimated at this time.
Loan Payable
See Note 7 – Loan Payable for a detailed description of the Company’s loan agreement.
Leases
See Note 8 – Leases for a detailed description of the Company’s lease arrangements in New York and North Carolina.