XML 43 R32.htm IDEA: XBRL DOCUMENT v3.22.0.1
Liability Related to the Revenue Interest Purchase Agreement (Tables)
12 Months Ended
Dec. 31, 2021
Liability Related to the Revenue Interest Purchase Agreement  
Summary of Revenue Interest Liability Activity
The following table summarizes the revenue interest liability activity during the years ended December 31, 2021 and 2020:
(in thousands)
Revenue interest liability at Revenue interest liability at December 31, 2019$132,544 
Oberland funding for regulatory approval of NEXLETOL25,000 
Interest expense recognized19,560 
Revenue interest payments(500)
Revenue interest liability at December 31, 2020$176,604 
Oberland funding upon execution of Amendment No. 2, net of issuance costs ($83)
49,917 
Interest expense recognized33,907 
Revenue interest payments(3,389)
Revenue interest liability at December 31, 2021$257,039