XML 109 R42.htm IDEA: XBRL DOCUMENT v3.24.0.1
Royalty Financing Obligation (Tables)
 12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Royalty Financing Obligation Long-term debt as of December 31, 2022 is summarized as follows:
Exchangeable Senior Notes:2022
Principal amount of 4.50% exchangeable senior notes due October 2023
$117,375 
Principal amount of 4.50% exchangeable senior notes due February 2023
17,500 
Less: unamortized debt discount and issuance costs, net (5,593)
Net carrying amount of liability component129,282 
Less: current maturities, net of $1,019 unamortized debt discount and issuance costs
(37,668)
     Long-term debt$91,614 
The following table shows the activity within the royalty financing obligation account for the period ended December 31, 2023.

Royalty Financing Obligation:2023
Royalty financing obligation – beginning balance$— 
Receipt of the first tranche of the royalty financing obligation30,000 
Accretion of imputed interest expense on royalty financing obligation3,743 
Less: royalty payments made to RTW(253)
Royalty financing obligation – ending balance33,490 
Less: royalty payable to RTW classified within accrued expenses(730)
Royalty financing obligation, non-current$32,760