Royalty Purchase and Sale Agreement (Tables)

6 Months Ended

Jun. 30, 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		(1,295)
Non-cash interest expense		3,892
Balance at June 30, 2024	$	39,676
Effective interest rate		20.95	%