Revenue Interest Financing Payable (Tables)

12 Months Ended

Dec. 31, 2023

Revenue Interest Financing Payable

Summary of the activity of revenue interest financing agreement

The following table summarizes the activity of the Revenue Interest Financing Agreement for the years ended December 31, 2023 and 2022 (in thousands):

Revenue Interest Financing Agreement upon October 2022 closing	$	32,500
Issuance costs in the year ended December 31, 2022		(2,579)
Non-cash interest expense in the year ended December 31, 2022		956
Amortization of debt discount in the year ended December 31, 2022		42
Payments made in the year ended December 31, 2022		(42)
Revenue Interest Financing Balance at December 31, 2022	$	30,877
Non-cash interest expense in the year ended December 31, 2023		5,950
Amortization of debt discount in the year ended December 31, 2023		294
Payments made in the year ended December 31, 2023		(1,144)
Revenue Interest Financing Balance at December 31, 2023	$	35,977
Current portion of revenue interest financing liability	$	2,211
Long-term portion of revenue interest financing liability		33,766
Revenue Interest Financing Balance at December 31, 2023	$	35,977