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Sale of Future Royalties (Tables)
6 Months Ended
Jun. 30, 2025
Other Liabilities Disclosure [Abstract]  
Schedule of Royalty Transaction Activity
The following table shows the activity within the liability account for the six months ended June 30, 2025:
(in thousands)June 30, 2025
Liability related to sale of future Jemperli royalties and milestones – balance at 12/31/2024$323,658 
Amortization of issuance costs56 
Royalty and milestone payments to Sagard(57,681)
Non-cash interest expense recognized(1)
37,106 
Liability related to sale of future royalties and milestones – ending balance
$303,139 
(1) Of the non-cash interest expense recognized, $0.6 million was negative amortization for the six months ended June 30, 2025.
The following table shows the activity within the liability account for the six months ended June 30, 2025:
(in thousands)June 30, 2025
Liability related to sale of future Zejula royalties and milestones – balance at 12/31/2024$29,768 
Amortization of issuance costs14 
Royalty and milestone payments to DRI(2,051)
Non-cash interest expense recognized(1)
491 
Liability related to sale of future royalties and milestones – ending balance$28,222 
(1) Of the non-cash interest expense recognized, none was negative amortization for the six months ended June 30, 2025.