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DEFERRED ROYALTY OBLIGATION RELATED TO THE SALE OF FUTURE ROYALTIES (Tables) | 9 Months Ended
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Sep. 30, 2025
Advance Royalties [Abstract] |
Schedule Of Financial Information Related To The HCR Agreement | A summary of financial information related to the HCR Agreement is as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
($ in thousands) | 2025 |  | 2024 |  | 2025 |  | 2024
Non-cash interest expense related to the sale of future royalties | $ | (2,188) |  |  | $ | (1,924) |  |  | $ | (6,478) |  |  | $ | (5,202) |
Effective interest rate |  |  |  |  | 31.5 | % |  | 33.3 | %
(in thousands) | 2025 |  | 2024
Deferred royalty obligation balance as of January 1, | $ | 25,527 |  |  | $ | 20,179 |
Non-cash interest expense related to sale of future royalties | 6,478 |  |  | 5,202 |
Royalty distributed to HCR | (3,379) |  |  | (1,009) |
Deferred royalty obligation balance as of September 30, | $ | 28,626 |  |  | $ | 24,372 |

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