XML 74 R50.htm IDEA: XBRL DOCUMENT v3.25.3
Debt (Details)
$ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended
Jul. 24, 2025
USD ($)
Apr. 18, 2025
USD ($)
Apr. 17, 2023
USD ($)
Sep. 30, 2025
USD ($)
Sep. 30, 2024
USD ($)
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2024
USD ($)
Sep. 30, 2025
USD ($)
Sep. 30, 2024
USD ($)
Debt Instrument [Line Items]                    
Prepayment premium and fees on Pharmakon term loan                 $ 3,802 $ 0
Loss on extinguishment of debt       $ 2,740 $ 0       6,911 $ 0
Pharmakon Advisors, LP                    
Debt Instrument [Line Items]                    
Debt instrument capitalized interest rate     0.50              
Debt Instrument, SOFR floor     0.0175              
Debt instrument, basis spread on variable rate     7.00%              
Pharmakon Advisors, LP | PIK Interest Payment is Made                    
Debt Instrument [Line Items]                    
Debt instrument, basis spread on variable rate     7.25%              
Pharmakon Advisors, LP | Line of Credit                    
Debt Instrument [Line Items]                    
Debt instrument, periodic payment                 $ 25,000  
Debt instrument, prepayment fee, percentage of principal voluntary payments                 3.00%  
Prepayment premium and fees on Pharmakon term loan $ 50,000 $ 75,000                
Prepayment premium 1,500 2,250                
Interest expense 376 424                
Unamortized deferred financing costs 1,188 $ 1,921                
Loss on extinguishment of debt                 $ 4,171  
Debt fees 52                  
Prepayment and debt issuance costs writeoff $ 2,740                  
Pharmakon Advisors, LP | Line of Credit | Between the Second and Third Anniversaries                    
Debt Instrument [Line Items]                    
Debt instrument, prepayment fee, percentage of principal voluntary payments                 3.00%  
Pharmakon Advisors, LP | Line of Credit | After Fourth Anniversary                    
Debt Instrument [Line Items]                    
Debt instrument, prepayment fee, percentage of principal voluntary payments                 1.00%  
Pharmakon Advisors, LP | Line of Credit | After Third Anniversary                    
Debt Instrument [Line Items]                    
Debt instrument, prepayment fee, percentage of principal voluntary payments                 2.00%  
Athyrium | Senior Credit Facility                    
Debt Instrument [Line Items]                    
Repayments of lines of credit     $ 241,787              
Term Loan Tranche A | Pharmakon Advisors, LP | Line of Credit                    
Debt Instrument [Line Items]                    
Proceeds from issuance of long-term debt                 $ 300,000  
Debt instrument, term     18 months              
Effective interest rate       12.28% 13.34%       12.28% 13.34%
Interest expense, debt, total       $ 6,110 $ 10,201       $ 22,789 $ 30,283
Periodic payment, interest               $ 10,041   20,242
Fair value       198,704 323,704       198,704 323,704
Debt instrument, unamortized discount (premium) and debt issuance costs, net, total       11,147         11,147  
Amortization of debt issuance costs       $ 384 $ 511       $ 1,387 $ 1,061
Term Loan Tranche A | Pharmakon Advisors, LP | Line of Credit | PIK Interest Payment is Made                    
Debt Instrument [Line Items]                    
Percent of interest payment           0.50 0.50      
Loan Agreement | Pharmakon Advisors, LP                    
Debt Instrument [Line Items]                    
Debt instrument, face amount     $ 450,000              
Proceeds from issuance of long-term debt     25,805              
Term Loan Tranche B | Pharmakon Advisors, LP | Line of Credit                    
Debt Instrument [Line Items]                    
Debt instrument, face amount     50,000              
Term Loan Tranche C | Pharmakon Advisors, LP | Line of Credit                    
Debt Instrument [Line Items]                    
Debt instrument, face amount     50,000              
Term Loan Tranche D | Pharmakon Advisors, LP | Line of Credit                    
Debt Instrument [Line Items]                    
Debt instrument, face amount     $ 50,000