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Sale of Future Royalties (Tables)
9 Months Ended
Sep. 30, 2025
Other Liabilities Disclosure [Abstract]  
Schedule of Royalty Transaction Activity
The following table shows the activity within the liability account for the nine months ended September 30, 2025:
(in thousands)September 30, 2025
Liability related to sale of future Jemperli royalties and milestones – balance at 12/31/2024$323,658 
Amortization of issuance costs93 
Royalty and milestone payments to Sagard(78,485)
Non-cash interest expense recognized(1)
59,395 
Liability related to sale of future royalties and milestones – ending balance
$304,661 
(1) Of the non-cash interest expense recognized, $1.7 million was negative amortization for the nine months ended September 30, 2025.
The following table shows the activity within the liability account for the nine months ended September 30, 2025:
(in thousands)September 30, 2025
Liability related to sale of future Zejula royalties and milestones – balance at 12/31/2024$29,768 
Amortization of issuance costs21 
Royalty and milestone payments to DRI(3,279)
Non-cash interest expense recognized(1)
673 
Liability related to sale of future royalties and milestones – ending balance$27,183 
(1) Of the non-cash interest expense recognized, none was negative amortization for the nine months ended September 30, 2025.