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COMMITMENTS AND CONTINGENCIES (Tables)
3 Months Ended
Mar. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Summary of Aggregate Non-Cancelable Contractual Obligations Arising from Manufacturing Obligations

The following table summarizes the aggregate non-cancelable contractual obligations arising from the Company’s manufacturing obligations:

 

 

 

As of
March 31, 2024

 

 

 

(in thousands)

 

2024 (April-December)

 

$

836,030

 

2025

 

 

165,293

 

2026

 

 

114,785

 

2027

 

 

77,645

 

2028

 

 

72,346

 

Total manufacturing commitments*

 

$

1,266,099

 

 

* Total manufacturing commitments include the Catalent, Inc. (“Catalent”) manufacturing and supply agreement, for which the Company has ROU assets and lease liabilities recorded on the unaudited condensed consolidated balance sheets as of March 31, 2024. For more information, please read Note 21, Commitments and Contingencies to the financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023.