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Debt (Tables)
 6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Current Portion of Long-Term Debt and Debt, Long-Term
Current portion of long-term debt and debt, long-term consists of the following commitments as of June 30, 2024 and December 31, 2023 (in thousands):
As of
June 30, 2024December 31, 2023
Convertible notes$790,553 $788,909 
Term Loan380,720 366,404 
Less: current portion of convertible notes(224,448)— 
Debt, long-term$946,825 $1,155,313 
Schedule of Carrying Value of Convertible Notes Balance The following table presents the carrying value of the Company's convertible notes balance (in thousands):
As of
June 30, 2024December 31, 2023
Face value of outstanding convertible notes$800,000 800,000 
Debt issuance costs(9,447)(11,091)
Less: current convertible notes(224,448)— 
Total long-term convertible notes$566,105 $788,909 
The following table shows the activity within the liability account for the six-month period ended June 30, 2024 and year ended December 31, 2023 (in thousands):
Six Months Ended
June 30, 2024		Twelve Months Ended
December 31, 2023
Royalty financing agreement liability - beginning balance$158,162 $151,538 
Revenue Interest Payments paid and payable(6,634)(12,222)
Interest expense recognized9,715 18,846 
Royalty financing agreement liability - ending balance$161,243 $158,162 
Royalty financing issuance costs:
Royalty issuance costs, unamortized - beginning balance$(3,128)$(3,523)
Amortization of issuance costs262 521 
Other— (126)
Deferred issuance costs, unamortized - ending balance$(2,866)$(3,128)
  Royalty Financing Agreement$158,377 $155,034 
Schedule of Carrying Value of Term Loan Balance
The following table presents the carrying value of the Company’s Term Loan balance as of June 30, 2024 (in thousands):
As of
June 30, 2024December 31, 2023
Original Term Loan balance$350,000 $350,000 
Paid-in-kind interest capitalized40,108 27,537 
Term Loan issuance costs, unamortized(9,388)(11,133)
Term Loan$380,720 $366,404 
Schedule of Future Principal Repayments of Debt
As of June 30, 2024, future principal repayments of debt for each of the years through maturity were as follows (in thousands):
 
Year Ending December 31: 
2024$225,000 
2025— 
2026195,054 
2027195,054 
2028575,000 
2029 and thereafter— 
 $1,190,108 
Schedule of Interest Expense related to Debt and Finance Leases
Interest expense related to debt and finance leases for the three and six months ended June 30, 2024 and 2023 is as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Convertible debt contractual interest expense$2,062 $2,062 $4,125 $4,125 
Term Loan contractual interest expense12,658 11,490 25,141 22,401 
Royalty Financing Agreement interest expense4,893 4,805 9,715 9,569 
Amortization of debt issuance costs1,800 2,004 3,651 3,728 
Swap interest income(710)(354)(1,464)(427)
   Total debt interest expense20,703 20,007 41,168 39,396 
Finance lease interest expense564 612 1,141 1,226 
   Total interest expense$21,267 $20,619 $42,309 $40,622