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Deferred Royalty Obligation Related To The Sale Of Future Royalties (Tables)
 12 Months Ended
Dec. 31, 2024
Advance Royalties [Abstract]  
Schedule of Deferred Royalty Obligation
A summary of financial information related to the HCR Agreement is as follows:
Year Ended December 31,
($ in thousands)
202420232022
Non-cash interest expense related to the sale of future royalties$(7,088)$(3,924)$(1,673)
Effective interest rate31.0 %34.7 %34.4 %
(in thousands)202420232022
Beginning deferred royalty obligation
$20,179 $11,254 $— 
Upfront payment, net of transaction costs
— — 9,581 
Regulatory approval milestone
— 5,000 — 
Non-cash interest expense related to sale of future royalties
7,088 3,924 1,673 
Royalty distributed to HCR
(1,740)— — 
Other
— 1 — 
Ending deferred royalty obligation
$25,527 $20,179 $11,254