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Intangible Assets and Goodwill (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets, Net
The components of intangible assets were as follows (in thousands, except for useful life):
Balance at December 31, 2024
Balance at December 31, 2023
Weighted-
Average Useful
Lives (Years)
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Finite-lived intangible assets:
Licensed IP12.5$271,000$184,854$86,146$271,000$163,318$107,682
Capitalized milestone payments11.9$29,500$2,820$26,680$17,000$1,137$15,863
Other2.0$1,400$423$977$$$
Schedule of Estimated Aggregate Amortization Expense Estimated aggregate amortization expense based on the current carrying value of amortizable intangible assets will be as follows for the years ending December 31 (in thousands):
20252026202720282029Thereafter
Amortization expense$24,767$24,359$24,067$24,067$2,531$14,012