Royalty Purchase and Sale Agreement (Tables)

3 Months Ended

Mar. 31, 2024

Royalty Purchase and Sale Agreement

Schedule of activity of the HCR agreement

The following table summarizes the activity of the HCR Agreement (in thousands):

Royalty purchase and sale agreement balance at December 31, 2023	$	37,079
Payments		(685)
Non-cash interest expense		1,982
Balance at March 31, 2024	$	38,376
Effective interest rate		22.56	%