Liability Related to Sale of Future Royalties (Tables)

3 Months Ended

Mar. 31, 2022

Liability Related to Sale of Future Royalties

Schedule of Liability account during the period from the inception of the royalty transaction

The following table shows the activity within the liability account during the three-month period ended March 31, 2022 (in thousands):

	Three Months Ended
	March 31, 2022
Liability related to sale of future royalties, net — beginning balance	$	41,044
Proceeds from sale of future royalties, net		—
KADCYLA royalty payments received and paid		(4,062)
Non-cash interest expense recognized		1,249
Liability related to sale of future royalties, net — ending balance	$	38,231