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DEFERRED ROYALTY OBLIGATION RELATED TO THE SALE OF FUTURE ROYALTIES (Tables)
3 Months Ended
Mar. 31, 2025
Advance Royalties [Abstract]  
Schedule Of Deferred Royalty Obligation
A summary of financial information related to the HCR Agreement is as follows:
Three Months Ended March 31,
($ in thousands)
20252024
Non-cash interest expense related to the sale of future royalties$(2,071)$(1,702)
Effective interest rate32.5 %33.7 %
(in thousands)20252024
Deferred royalty obligation balance as of January 1,
$25,527 $20,179 
Non-cash interest expense related to sale of future royalties
2,071 1,702 
Royalty distributed to HCR
(1,076)— 
Deferred royalty obligation balance as of March 31,$26,522 $21,881