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Liability Related to the Revenue Interest Purchase Agreement (Tables)
12 Months Ended
Dec. 31, 2022
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, 2022 and 2021:
(in thousands)
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 
Repayment upon execution of Amendment No. 3(50,000)
Interest expense recognized44,590 
Revenue interest payments(8,024)
Revenue interest liability at December 31, 2022$243,605