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Accrued Expenses and Other Liabilities (Tables)
3 Months Ended
Mar. 31, 2025
Payables and Accruals [Abstract]  
Schedule of Accrued Expenses and Other Liabilities

Accrued expenses and other liabilities consist of the following (in thousands):

 

 

March 31, 2025

 

 

December 31, 2024

 

Accrued preclinical and clinical trial expenses

 

$

1,015

 

 

$

267

 

Accrued professional fees

 

 

8,263

 

 

 

11,011

 

Accrued compensation and benefits

 

 

6,605

 

 

 

10,746

 

Accrued license fees

 

 

14,108

 

 

 

30,991

 

Accrued purchases

 

 

530

 

 

 

447

 

Operating lease liability

 

 

410

 

 

 

402

 

Accrued gross-to-net revenue liabilities

 

 

53,287

 

 

 

44,939

 

Accrued income tax

 

 

11,087

 

 

 

894

 

Due to licensor

 

 

2,497

 

 

 

3,582

 

Accrued interest payable

 

 

425

 

 

 

389

 

Other

 

 

2,225

 

 

 

417

 

Current accrued expenses and other liabilities

 

 

100,452

 

 

 

104,085

 

Lease liability – non-current

 

 

2,681

 

 

 

2,786

 

Other – non-current

 

 

259

 

 

 

315

 

Non-current accrued expenses and other liabilities

 

 

2,940

 

 

 

3,101

 

Total accrued expenses and other liabilities

 

$

103,392

 

 

$

107,186