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Deferred royalty obligation (Tables) | 9 Months Ended
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Sep. 30, 2025
Other Liabilities Disclosure [Abstract] |
Schedule of Royalty Purchase Obligation | The table below provides a rollforward of the Company’s debt obligation relating to the royalty purchase agreement.
(in thousands) |  |
Liability balance at January 1, 2024 |  | $ | 309,613 |
Less: royalty payments |  | 5,384 |
Plus: interest expense |  | 33,608 |
Less: cumulative catch-up adjustment, Other, net |  | 11,178 |
Liability balance at December 31, 2024 |  | 326,659 |
Less: royalty payments |  | 4,816 |
Plus: interest expense |  | 26,164 |
Less: cumulative catch-up adjustment, Other, net |  | 517 |
Liability balance at September 30, 2025 |  | $ | 347,490 |

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