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Deferred Royalty Obligation related to the Sale of Future Royalties (Tables) | 9 Months Ended
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Sep. 30, 2023
Deferred Royalty Obligation [Abstract] |
Schedule of Royalty Obligation transaction | The following table shows the activity of the deferred royalty obligation since transaction inception through September 30, 2023:
|  | September 30, |
|  | 2023 |
|  | (in thousands) |
Proceeds from the sale of future Vaxcyte royalties |  | $ | 140,000 |
Issuance costs |  |  | (3,792 | )
Non-cash interest expense associated with the sale of future Vaxcyte royalties |  |  | 6,378 |
Amortization of issuance costs |  |  | 177 |
Deferred royalty obligation related to the sale of future Vaxcyte royalties, net |  | $ | 142,763 |

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- Definition Royalty obligation. + References No definition available. + Details
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