Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2025

Commitments And Contingencies Disclosure [Abstract]

Schedule Of Royalty Liability Account Roll Forward

The following table shows the activity within the Royalty Liability account as well as the effective interest rate (dollars in thousands):

	Amount
Balance, January 1, 2024	$	145,810
Amortization of deferred transaction costs		230
Non-cash interest expense on liability for sale of future royalties		15,942
Royalty revenue earned by or payable to Sagard		(12,337	)
Balance, December 31, 2024	$	149,645
Amortization of deferred transaction costs		230
Non-cash interest expense on liability for sale of future royalties		14,220
Royalty revenue earned by or payable to Sagard		(12,812	)
Balance, December 31, 2025	$	151,283
Effective interest rate		9.1	%

Schedule of Lease Term and Discount Rate

Financing liability information was as follows (dollars in thousands):

	December 31, 2025			December 31, 2024
Weighted average remaining lease term (in years)		15.8			16.8
Weighted average discount rate		9.0	%		9.0	%

Lease information was as follows (dollars in thousands):

	December 31, 2025			December 31, 2024
Operating lease right-of-use assets(1)	$	11,822		$	13,109
Operating lease liability-current(2)	$	2,110		$	2,423
Operating lease liability-long-term		10,689			11,645
Total	$	12,799		$	14,068
Weighted average remaining lease term (in years)		6.4			7.1
Weighted average discount rate		7.6	%		7.3	%

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(1)Operating right-of-use assets related to vehicles, offices and the manufacturing facility for V-Go are included in other assets in the consolidated balance sheets.

(2)Operating lease liability–current is included in accrued expenses and other current liabilities in the consolidated balance sheets.

Summary of Lease Information

	Year Ended December 31,
	2025		2024		2023
Interest expense	$	9,543	$	9,619	$	9,617
Amortization of debt issuance costs		207		209		208
Interest expense on financing liability	$	9,750	$	9,828	$	9,825

	Year Ended December 31,
	2025		2024		2023
Operating lease costs	$	2,950	$	2,103	$	1,675
Variable lease costs		787		234		104
Cash paid		3,737		2,292		1,068

Summary of Remaining Financing Liability Payments

The Company's remaining financing liability payments were as follows (in thousands):

	December 31, 2025
2026		10,533
2027		10,849
2028		11,174
2029		11,510
2030		11,855
Thereafter		153,913
Total		209,834
Interest payments		(104,155	)
Debt issuance costs		(2,259	)
Total financing liability	$	103,420

Remaining Purchase Commitments and Estimated Capacity Fee Liability Requirements

The Company's remaining purchase commitments and estimated capacity fee liability as of December 31, 2025 were as follows:

	December 31, 2025
	Remaining Purchase Commitments (€ in millions)		Estimated Capacity Fees(1) (€ in millions)
2026		—		3.0
2027		4.2		2.0
2028		6.0		1.0
2029		5.8		1.0
2030		5.8		1.0
2031		5.8		1.0
2032		7.8		0.5
2033		7.8		0.5
2034		7.7		0.5
2035		4.3		0.5
Total		55.2		11.0

__________________________

(1)During the year ended December 31, 2025, the Company incurred a capacity fee of €1.5 million, or $1.8 million which was recognized as cost of goods sold for commercial sales in our consolidated statement of operations. For each quarter that the Company decides to delay purchases beyond the first quarter of 2026, the Company is subject to an additional capacity fee of €750,000 per quarter.

Schedule of Future Minimum Office And Vehicle Lease Payments

The Company's future minimum office and vehicle lease payments were as follows (in thousands):

	December 31, 2025
2026		2,880
2027		2,834
2028		2,454
2029		1,734
2030		1,528
Thereafter		4,707
Total		16,137
Interest expense		(3,338	)
Total operating lease liability	$	12,799