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Sale of Future Royalties (Tables)
3 Months Ended
Mar. 31, 2024
Sale Of Future Royalties [Abstract]  
Summary of Activity of the Royalty Obligation

The following table shows the activity of the Royalty Obligation since the transaction inception through March 31, 2024:

 

March 31, 2024

 

Upfront payment from the sale of future royalties

$

60,000,000

 

Non-cash interest expense associated with the sale of future royalties

 

24,267,066

 

Liability related to the sale of future royalties

$

84,267,066