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Investment Transactions (Details)
$ / shares in Units, $ in Thousands
9 Months Ended
Sep. 24, 2025
USD ($)
installment
shares
Aug. 04, 2025
USD ($)
$ / shares
Feb. 24, 2025
USD ($)
May 29, 2024
USD ($)
$ / shares
shares
Sep. 30, 2025
USD ($)
Sep. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
May 24, 2024
Asset Acquisition                
Cash paid for InvIOs investment         $ 0 $ 4,196    
Cash paid for Palvella notes receivable         0 $ 2,500    
Net carrying value         218,748   $ 195,049  
Agenus Bot/Bal                
Asset Acquisition                
Securities called by warrants (in shares) | shares       867,052        
Warrants term (in years)       5 years        
Net carrying value       $ 75,000        
Royalties right to receive (as a percent)       18.75%        
Maximum capital sourcing       $ 100,000        
Maximum financing royalty asset       $ 200,000        
Exercise price (in USD per share) | $ / shares       $ 17.3        
Agenus Bot/Bal | BMS-986442                
Asset Acquisition                
Future milestones right to receive (as a percent)       31.875%        
Agenus Bot/Bal | AGEN2373                
Asset Acquisition                
Future milestones right to receive (as a percent)       31.875%        
Agenus Bot/Bal | INCAGN2385                
Asset Acquisition                
Future milestones right to receive (as a percent)       31.875%        
Agenus Bot/Bal | INCAGN2390                
Asset Acquisition                
Future milestones right to receive (as a percent)       31.875%        
Agenus Bot/Bal | MK-4830                
Asset Acquisition                
Future milestones right to receive (as a percent)       31.875%        
Agenus Bot/Bal | UGN-301                
Asset Acquisition                
Future milestones right to receive (as a percent)       31.875%        
Agenus Bot/Bal | BOT/BAL                
Asset Acquisition                
Future royalties (as a percent)       2.625%        
Agenus Partnered Program                
Asset Acquisition                
Additional maximum investment       $ 25,000        
Castle Creek Investment                
Asset Acquisition                
Payments for repurchase of warrants         5,800      
Recognized research and development expense         44,300      
Payments to acquire productive assets     $ 50,000   50,100      
Receivable with imputed interest, face amount     8,300          
Cash paid for Palvella notes receivable     1,800          
Castle Creek Investment | Purchasers                
Asset Acquisition                
Payments to acquire productive assets     75,000          
Castle Creek Investment | Other Purchasers                
Asset Acquisition                
Payments to acquire productive assets     $ 25,000          
Orchestra BioMed                
Asset Acquisition                
Cash paid for InvIOs investment   $ 5,000            
Price per share | $ / shares   $ 2.75            
Orchestra Warrant                
Asset Acquisition                
Payments for repurchase of warrants   $ 2,300            
Recognized research and development expense         $ 17,800      
Orchestra BioMed                
Asset Acquisition                
Committed capital   25,000            
Investment amount, at closing   20,000            
Investment amount, to be funded   15,000            
Contracted royalty revenue   $ 100,000            
Option Volatility | Agenus Warrant                
Asset Acquisition                
Warrant measurement input (as a percent)         1.14     0.84
Option Volatility | Minimum                
Asset Acquisition                
Warrant measurement input (as a percent) 0.32              
Option Volatility | Maximum                
Asset Acquisition                
Warrant measurement input (as a percent) 0.33              
Risk Free Interest Rate | Agenus Warrant                
Asset Acquisition                
Warrant measurement input (as a percent)         0.036     0.047
Risk Free Interest Rate | Minimum                
Asset Acquisition                
Warrant measurement input (as a percent)         0.047      
Risk Free Interest Rate | Maximum                
Asset Acquisition                
Warrant measurement input (as a percent) 0.048              
Acecor Warrants                
Asset Acquisition                
Securities called by warrants (in shares) | shares 1,002,739              
Warrants term (in years) 10 years              
Payments for repurchase of warrants $ 500              
Orchestra Warrants | Option Volatility | Minimum                
Asset Acquisition                
Warrant measurement input (as a percent) 0.73              
Orchestra Warrants | Option Volatility | Maximum                
Asset Acquisition                
Warrant measurement input (as a percent) 0.72              
Orchestra Warrants | Risk Free Interest Rate | Minimum                
Asset Acquisition                
Warrant measurement input (as a percent)         0.044      
Orchestra Warrants | Risk Free Interest Rate | Maximum                
Asset Acquisition                
Warrant measurement input (as a percent)         0.042      
Castle Creek Warrant | Option Volatility | Minimum                
Asset Acquisition                
Warrant measurement input (as a percent)     1.10          
Castle Creek Warrant | Option Volatility | Maximum                
Asset Acquisition                
Warrant measurement input (as a percent)     1.10          
Castle Creek Warrant | Risk Free Interest Rate | Minimum                
Asset Acquisition                
Warrant measurement input (as a percent)     0.042          
Castle Creek Warrant | Risk Free Interest Rate | Maximum                
Asset Acquisition                
Warrant measurement input (as a percent)     0.036          
Arecor Limited                
Asset Acquisition                
Asset acquisition, consideration transferred $ 7,000              
Asset acquisition, deferred consideration payable $ 1,000              
Asset acquisition, deferred consideration, number of installments | installment 2              
Asset acquisition financial royalty assets $ 800              
Arecor Limited | (AT229) Financial Royalty                
Asset Acquisition                
Asset acquisition financial royalty assets 1,900              
Payment for contingent consideration liability, investing activities 3,000              
Arecor Limited | (AT220) Financial Royalty                
Asset Acquisition                
Asset acquisition financial royalty assets $ 4,800