XML 42 R30.htm IDEA: XBRL DOCUMENT v3.22.4
Liabilities Related to the Sales of Future Royalties (Tables)
12 Months Ended
Dec. 31, 2022
Liability Related To Sale Of Potential Future Royalties [Abstract]  
Schedule of Liability Related to Potential Future Royalties The following table shows the activity within the liability account of each arrangement (in thousands):
 
Year-Ended December 31, 2022Period from inception to December 31, 2022
 
2012 Purchase and Sale Agreement2020 Purchase and Sale AgreementTotal2012 Purchase and Sale Agreement2020 Purchase and Sale AgreementTotal
Liabilities related to the sales of future royalties—beginning
balance
$78,282 $120,062 $198,344 $— $— $— 
Royalty monetization proceeds— — — 124,000 150,000 274,000 
Non-cash royalty revenue(33,865)(35,929)(69,794)(316,523)(86,722)(403,245)
Non-cash interest expense10,750 18,161 28,911 234,168 39,016 273,184 
Payments to RPI— — — (10,000)— (10,000)
Loss on revaluation of liability related to the sale of future royalties— — 23,522 — 23,522 
Liabilities related to the sales of future royalties – ending balance55,167 102,294 157,461 55,167 102,294 157,461 
Less: unamortized transaction costs— (2,083)(2,083)— (2,083)(2,083)
Liabilities related to the sales of future royalties, net$55,167 $100,211 $155,378 $55,167 $100,211 $155,378