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Royalty Financing Agreement (Tables) | 6 Months Ended
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Jun. 30, 2025
Royalty Financing Agreement |
Schedule of interest expenses under royalty financing | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended June 30, | ​ | Six months ended June 30,
​ |  | 2025 |  | 2024 | ​ | 2025 |  | 2024
​ | ​ | ​ | (in millions) | ​ | ​ | (in millions)
Interest expenses at effective interest rate of 12.0% per annum | ​ | $ | 13.7 | ​ | $ | 12.4 | ​ | $ | 26.9 | ​ | $ | 24.5
Interest recorded in the statement of operations and comprehensive loss and income | ​ | ​ | 13.8 | ​ | ​ | 12.4 | ​ | ​ | 27.1 | ​ | ​ | 24.8
Interest expenses at effective interest rate of 13.5% per annum | ​ | ​ | 15.5 | ​ | ​ | 14.0 | ​ | ​ | 30.3 | ​ | ​ | 27.7
Schedule of movement in the liability related to royalty financing agreement | ​
​ | ​ | ​ | ​
​ |  | Amount of liability
​ | ​ | (in thousands)
Balance as of December 31, 2024 (includes $5.0 million presented as "Accrued expenses and other current liabilities) | ​ | $ | 439,881
Royalty payments to the Purchaser | ​ | ​ | (6,453)
Interest expense for the period | ​ | ​ | 27,079
Balance as of June 30, 2025 (includes $5.2 million presented as "Accrued expenses and other current liabilities) | ​ | $ | 460,507
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