Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2021

Fair Value Disclosures [Abstract]

Schedule of fair value assets measured on recurring basis

The following table presents financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2021 (in thousands):

	Total Carrying Value in Consolidated Balance Sheets		Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Financial assets:
Warrant assets	$	3,419	$	—	$	—	$	3,419
Marketable investments		1,153		1,034		—		119
Financial liabilities:
Contingent consideration payable	$	8,530	$	—	$	—	$	8,530

The following table presents financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2020 (in thousands):

	Total Carrying Value in Consolidated Balance Sheets		Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Financial assets:
Warrant assets	$	2,972	$	—	$	—	$	2,972
Marketable investments		1,451		1,210		—		241
Financial liabilities:
Contingent consideration payable	$	16,900	$	—	$	—	$	16,900

[custom:DisclosureFairValueMeasurementsDetailsAbstract]

	Total Carrying Value in Consolidated Balance Sheets		Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Financial assets:
Warrant assets	$	3,419	$	—	$	—	$	3,419
Marketable investments		1,153		1,034		—		119
Financial liabilities:
Contingent consideration payable	$	8,530	$	—	$	—	$	8,530

The following table presents financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2020 (in thousands):

	Total Carrying Value in Consolidated Balance Sheets		Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Financial assets:
Warrant assets	$	2,972	$	—	$	—	$	2,972
Marketable investments		1,451		1,210		—		241
Financial liabilities:
Contingent consideration payable	$	16,900	$	—	$	—	$	16,900

Schedule of fair value assets measured on recurring basis unobservable input reconciliation

The changes on the value of the warrant assets during the years ended December 31, 2021 and 2020 were as follows (in thousands):

Fair Value Measurements (Details 2)

Fair Value - December 31, 2019	$	3,555
Issuance		79
Canceled		—
Change in fair value		(662	)
Fair Value - December 31, 2020		2,972
Issuance		175
Canceled		—
Change in fair value		272
Fair Value - December 31, 2021	$	3,419

Schedule of weighted average assumptions

Fair Value Measurements (Details 3)

	December 31,
	2021	2020
Dividend rate	—	—
Risk-free rate	0.97% to 1.44%	0.17% to 0.65%
Expected life (years)	2.6 to 7.0	3.6 to 7.4
Expected volatility	60.2% to 142.0%	74.3% to 174.7%

Schedule of fair value assets and liabilities measured on nonrecurring basis

The following table presents financial assets measured at fair value on a nonrecurring basis as of December 31, 2021 and 2020 (in thousands):

Fair Value Measurements (Details 4)

	Total Carrying Value in Consolidated Balance Sheets		Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
December 31, 2021
Impaired royalties	$	5,612	$	—	$	—	$	5,612
December 31, 2020
Impaired royalties	$	7,937	$	—	$	—	$	7,937

Schedule of fair value by balance sheet grouping

The following information is provided to help readers gain an understanding of the relationship between amounts reported in the accompanying consolidated financial statements and the related market or fair value. The disclosures include financial instruments and derivative financial instruments.

For the year ended December 31, 2021 (in thousands):

	Carrying Value		Fair Value		Level 1		Level 2		Level 3
Financial assets:
Cash and cash equivalents	$	42,863	$	42,863	$	42,863	$	—	$	—
Finance receivables		181,553		181,553		—		—		181,553
Marketable investments		1,153		1,153		1,034		—		119
Warrant assets		3,419		3,419		—		—		3,419
Financial liabilities
Contingent consideration payable	$	8,530	$	8,530	$	—	$	—	$	8,530

For the year ended December 31, 2020 (in thousands):

	Carrying Value		Fair Value		Level 1		Level 2		Level 3
Financial assets:
Cash and cash equivalents	$	3,008	$	3,008	$	3,008	$	—	$	—
Finance receivables		204,491		204,491		—		—		204,491
Marketable investments		1,451		1,451		1,210		—		241
Warrant assets		2,972		2,972		—		—		2,972
Financial liabilities
Contingent consideration payable	$	16,900	$	16,900	$	—	$	—	$	16,900

[custom:DisclosureFairValueMeasurementsDetails5Abstract]

	Carrying Value		Fair Value		Level 1		Level 2		Level 3
Financial assets:
Cash and cash equivalents	$	42,863	$	42,863	$	42,863	$	—	$	—
Finance receivables		181,553		181,553		—		—		181,553
Marketable investments		1,153		1,153		1,034		—		119
Warrant assets		3,419		3,419		—		—		3,419
Financial liabilities
Contingent consideration payable	$	8,530	$	8,530	$	—	$	—	$	8,530

For the year ended December 31, 2020 (in thousands):

	Carrying Value		Fair Value		Level 1		Level 2		Level 3
Financial assets:
Cash and cash equivalents	$	3,008	$	3,008	$	3,008	$	—	$	—
Finance receivables		204,491		204,491		—		—		204,491
Marketable investments		1,451		1,451		1,210		—		241
Warrant assets		2,972		2,972		—		—		2,972
Financial liabilities
Contingent consideration payable	$	16,900	$	16,900	$	—	$	—	$	16,900