Liability Related to the Sale of Future Royalties and Milestones (Tables)

9 Months Ended

Sep. 30, 2021

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Schedule of Liability Account

The following table shows the activity within the liability account in the nine months ended September 30, 2021 (in thousands):

	Period from December 31, 2020 to September 30, 2021
Liability related to sale of future royalties and milestones - beginning balance	$	234,041
Non-cash royalty revenue		(28,903	)
Non-cash interest expense recognized		48,146
Liability related to sale of future royalties and milestones - ending balance		253,284
Less: unamortized transaction costs		(371	)
Liability related to sale of future royalties and milestones, net	$	252,913