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Royalty Monetization Arrangement (Tables) | 9 Months Ended
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Sep. 30, 2025
Liability related to future royalties [Abstract] |
Liability Related to Future Royalty | Changes to the liability related to future royalties were as follows for the nine months ended September 30, 2025 (in thousands):
Liability related to future royalties - beginning balance | $ | — |  |
Proceeds from sale of future royalties | 70,000 |
Deferred transaction costs | (327) |
Non-cash royalty revenue payable to Sagard | (3,333) |
Non-cash interest expense recognized | 3,916 |
Liability related to future royalties - ending balance | $ | 70,256 |  |

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