Quarterly report pursuant to Section 13 or 15(d)

Royalty-Linked Notes (Tables)

v3.24.2.u1
Royalty-Linked Notes (Tables)
6 Months Ended
Jun. 30, 2024
Royalty Linked Notes [Abstract]  
Summary of Royalty-Linked Notes

The balance of the RLNs at each reporting date is as follows:

 

 

June 30,
2024

 

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

 

 

(6,411

)

Total liability related to the sale of future royalties at June 30, 2024

 

$

8,296

 

Current Portion

 

 

 

Long-term Portion

 

$

8,296

 

 

 

 

 

 

 

December 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

 

 

(7,204

)

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

 

$

7,503

 

Current Portion

 

 

 

Long-term Portion

 

$

7,503