XML 41 R29.htm IDEA: XBRL DOCUMENT v3.24.1.u1
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