2020 RPI Royalty Agreement

2021 RPI Royalty Agreement

OMERS Royalty Agreement

Total

2020 Royalty sale: Royalty financing obligation, net of issuance costs

$

122,609

$

−

$

−

$

122,609

Non-cash Interest expense on Royalty financing obligation

2,108

−

2,108

Balance as of December 31, 2020

$

124,717

$

−

$

−

$

124,717

2021 Royalty sale: Royalty financing obligations, net of issuance costs

−

150,833

147,309

298,142

Non-cash Interest expense on Royalty financing obligations

33,308

2,897

1,465

37,670

Royalty revenues paid and payable

(10,801

)

(353

)

−

(11,154

)

Balance as of December 31, 2021

$

147,224

$

153,377

$

148,774

$

449,375

Effective interest rate

27.3

%

16.5

%

8.5

%