Revenue Interest Financing Agreement (Tables)

3 Months Ended

Mar. 31, 2024

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 three months ended March 31, 2023 and March 31, 2024 (in thousands):

For the three months ended March 31, 2023
Revenue Interest Financing Balance at December 31, 2022	$	30,877
Non-cash interest expense in the three months ended March 31, 2023		1,440
Amortization of debt discount in the three months ended March 31, 2023		71
Payments made in the three months ended March 31, 2023		(174)
Revenue Interest Financing Balance at March 31, 2023	$	32,214
Current portion of revenue interest financing liability		1,321
Long-term portion of revenue interest financing liability		30,893
Revenue Interest Financing Balance at March 31, 2023	$	32,214
For the three months ended March 31, 2024
Revenue Interest Financing Balance at December 31, 2023	$	35,977
Non-cash interest expense in the three months ended March 31, 2024		1,556
Amortization of debt discount in the three months ended March 31, 2024		111
Payments made in the three months ended March 31, 2024		(491)
Revenue Interest Financing Balance at March 31, 2024	$	37,153
Current portion of revenue interest financing liability	$	2,511
Long-term portion of revenue interest financing liability		34,642
Revenue Interest Financing Balance at March 31, 2024	$	37,153