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Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets
The following is a summary of the Company’s amortizing intangible assets as of September 30, 2024:
  September 30, 2024
(in thousands)Estimated
Useful Life
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
HETLIOZ®
2035$33,000 $17,034 $15,966 
PONVORY®
2042104,894 5,012 99,882 
Total amortizing intangible assets$137,894 $22,046 $115,848 
The following is a summary of the Company’s amortizing intangible assets as of December 31, 2023:
  December 31, 2023
(in thousands)Estimated
Useful Life
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
HETLIOZ®
2035$33,000 $15,937 $17,063 
PONVORY®
2035104,894 588 104,306 
Total amortizing intangible assets$137,894 $16,525 $121,369 
Schedule of Future Intangible Asset Amortization The following is a summary of the future intangible asset amortization schedule as of September 30, 2024:
(in thousands)Total20242025202620272028Thereafter
HETLIOZ®
$15,966 $365 $1,463 $1,463 $1,463 $1,463 $9,749 
PONVORY®
99,882 1,387 5,544 5,544 5,544 5,544 76,319 
Total amortizing intangible assets$115,848 $1,752 $7,007 $7,007 $7,007 $7,007 $86,068