XML 88 R75.htm IDEA: XBRL DOCUMENT v3.25.4
Income Taxes - Deferred Tax Assets (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Deferred tax assets:    
Federal and state operating loss carryforwards $ 211,531 $ 203,889
Royalty Purchase Agreement 72,600 71,860
Disallowed interest 39,839 41,429
Capitalized research and development 26,126 37,848
Equity compensation 26,685 26,062
Accrued variable consideration 19,684 12,483
R&D tax credits, net of reserves 18,887 18,887
Other temporary differences 2,499 2,148
Total deferred tax assets 417,851 414,606
Deferred tax liabilities:    
Other temporary differences (787) (1,521)
Total deferred tax liabilities (787) (1,521)
Valuation allowance (417,064) (413,085)
Net deferred tax assets $ 0 $ 0