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DEBT (Tables)
3 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Future Minimum Payments Under Loan Agreement
The following table presents future minimum payments, including interest and the end of term charge, under the Loan Agreement as of March 31, 2025 (in thousands):
2025$12,750 
202612,750 
202712,750 
202812,785 
2029135,654 
Thereafter— 
Total$186,689 
Less: amount representing interest(61,690)
Less: unamortized debt discount and issuance costs(6,271)
Noncurrent portion of debt$118,728 
Schedule Of Activity Within Liability Related To Sale Of Future Royalties
The following table shows the activity within the liability related to sale of future royalties during the three months ended March 31, 2025:

(in thousands)Liability Related to Sale of Future Royalties
Carrying value of liability related to sale of future royalties at December 31, 2024
$124,793 
Interest expense recognized4,801 
Royalty payments(3,681)
Carrying value of liability related to sale of future royalties at March 31, 2025
$125,913