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Sale of Future Royalties (Tables)
3 Months Ended
Mar. 31, 2022
Deferred Revenue Disclosure [Abstract]  
Schedule of Activity of Royalty Obligation

The following table shows the activity of the Royalty Obligation since the transaction inception through March 31, 2022:

 

 

 

As of March 31, 2022

 

 

 

(In thousands)

 

Proceeds from sale of future royalties

 

$

12,601

 

Non-cash royalty revenue

 

 

(71

)

Non-cash interest expense recognized

 

 

3,727

 

Liability related to the sale of future royalties - ending balance

 

$

16,257

 

Less current portion

 

 

(433

)

Related party liability related to sale of future royalties, net of current portion

 

$

15,824