Annual report pursuant to Section 13 and 15(d)

Royalty-Linked Notes (Tables)

v3.22.1
Royalty-Linked Notes (Tables)
12 Months Ended
Dec. 31, 2021
Royalty Linked Notes [Abstract]  
Summary of Royalty-Linked Notes The balance of the RLNs at each reporting date is as follows:

 

 

December 31,

2021

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

 

3,261

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

 

$17,968

Current Portion

 

Long-term Portion

 

$17,968

 

 

 

December 31,

2020

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

 

2,462

Total liability related to the sale of future royalties at December 31, 2020

 

$13,503

Current Portion

 

114

Long-term Portion

 

$13,389