XML 46 R28.htm IDEA: XBRL DOCUMENT v3.25.3
DEFERRED ROYALTY OBLIGATION RELATED TO THE SALE OF FUTURE ROYALTIES (Tables)
 9 Months Ended
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)
2025202420252024
Non-cash interest expense related to the sale of future royalties$(2,188)$(1,924)$(6,478)$(5,202)
Effective interest rate31.5 %33.3 %
(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
6,478 5,202 
Royalty distributed to HCR
(3,379)(1,009)
Deferred royalty obligation balance as of September 30,$28,626 $24,372