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Note 6 - Royalty Monetizations (Tables)
3 Months Ended
Mar. 31, 2022
Notes Tables  
Royalty Financing Obligations [Table Text Block]
  

2020 RPI
Royalty
Agreement

  

2021 RPI
Royalty
Agreement

  

OMERS
Royalty
Agreement

  

Total

 

Balance as of December 31, 2021

 $147,224  $153,377  $148,774  $449,375 

Deferred financing costs

     (34)     (34)

Non-cash Interest expense on Royalty financing obligations

  10,165   6,327   3,157   19,649 

Royalty revenues paid and payable

  (4,385)  (380)     (4,765)

Balance as of March 31, 2022

 $153,004  $159,290  $151,931  $464,225 
                 

Effective interest rate

  27.3%  16.5%  8.5%