Quarterly report pursuant to Section 13 or 15(d)

Royalty-Linked Notes (Tables)

v3.23.1
Royalty-Linked Notes (Tables)
3 Months Ended
Mar. 31, 2023
Royalty Linked Notes [Abstract]  
Summary of Royalty-Linked Notes The balance of the RLNs at each reporting date is as follows:

 

 

 

March 31,
2023

 

Total liability related to the sale of future royalties, on inception

 

$

10,990

 

Liability related to the sale of future royalties, arising from the Rights Offering

 

 

51

 

Amortization of discount and debt issuance costs

 

 

3,666

 

Adjustments to fair value

 

 

4,551

 

Total liability related to the sale of future royalties at March 31, 2023

 

 

19,258

 

Current Portion

 

 

 

Long-term Portion

 

$

19,258

 

 

 

 

 

 

 

December 31, 2022

 

Total liability related to the sale of future royalties, on inception

 

$

10,990

 

Liability related to the sale of future royalties, arising from the Rights Offering

 

 

51

 

Amortization of discount and debt issuance costs

 

 

3,666

 

Adjustments to fair value

 

 

3,665

 

Total liability related to the sale of future royalties at December 31, 2021

 

$

18,372

 

Current Portion

 

 

 

Long-term Portion

 

$

18,372