XML 34 R23.htm IDEA: XBRL DOCUMENT v3.25.3
DEBT (Tables)
 9 Months Ended
Sep. 30, 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 September 30, 2025 (in thousands):
2025$6,415 
202612,725 
202712,725 
202812,760 
2029135,633 
Thereafter— 
Total$180,258 
Less: amount representing interest(55,258)
Less: unamortized debt discount and issuance costs(5,736)
Noncurrent portion of debt$119,264 
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 nine months ended September 30, 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 recognized15,043 
Royalty payments10,503 
Carrying value of liability related to sale of future royalties at September 30, 2025$129,333