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Liability Related to Sale of Future Royalties (Tables)
12 Months Ended
Dec. 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 year ended December 31, 2022 and the period from inception (in thousands):

Period from

Year Ended

inception to

    

December 31, 2022

December 31, 2022

Liability related to sale of future royalties, net — beginning balance

$

41,044

$

Proceeds from sale of future royalties, net

 

 

194,135

KADCYLA royalty payments received and paid

 

(13,101)

 

(276,958)

Non-cash interest expense recognized

4,165

114,931

Liability related to sale of future royalties, net — ending balance

$

32,108

$

32,108