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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Significant Unobservable Inputs Used In The Initial Fair Value Measurement Of The Royalty Right Agreement
The following table summarizes the significant unobservable inputs used in the initial fair value measurement of the Royalty Right Agreements as of December 31, 2023:
Valuation MethodologySignificant Unobservable InputWeighted Average (range, if applicable)
Discount Rate15%
Royalty Right AgreementsProbability weighted
income approach
Probability of Success75%
Projected Years of Payments2025-2033
Schedule of Debt
Long-term notes and unamortized debt discount balances are as follows:
 December 31,
 20232022
Total outstanding notes
$45,000 $51,500 
Unamortized discount, including Exit Fee
(17,665)(27)
Current portion of long-term debt— (18,025)
Notes payable, long-term
$27,335 $33,448 
Finance lease
173 — 
Notes payable, net
$27,508 $33,448 
 December 31,
 2023
Royalty obligations
$56,926 
Unamortized discount(42,165)
Royalty obligations, net
$14,761 
Schedule of Debt Maturities
Scheduled principal payments on the 13.5% Notes as of December 31, 2023 are as follows:
2024$— 
2025— 
20269,540 
202714,535 
202820,925 
Total$45,000