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Deferred royalty obligation (Tables)

9 Months Ended

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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