Intangible Assets and Goodwill (Tables)

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets, Net

The components of intangible assets were as follows (in thousands, except for useful life):


		Balance at December 31, 2025						Balance at December 31, 2024
	Weighted- Average Useful Lives (Years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Finite-lived intangible assets:
Licensed IP	12.5	$	271,000	$	206,391	$	64,609	$	271,000	$	184,854	$	86,146
Capitalized milestone payments	9.9	$	59,500	$	6,978	$	52,522	$	29,500	$	2,820	$	26,680
Other	2.0	$	1,400	$	1,400	$	—	$	1,400	$	423	$	977

Schedule of Estimated Aggregate Amortization Expense

Estimated aggregate amortization expense based on the current carrying value of amortizable intangible assets will be as follows for the years ending December 31 (in thousands):


	2026		2027		2028		2029		2030		Thereafter
Amortization expense	$	27,870	$	27,870	$	27,870	$	6,333	$	6,333	$	20,855