Development Liability (Tables)

3 Months Ended

Mar. 31, 2023

Research and Development [Abstract]

Summary of Development Liability

The following table summarizes the development liability (in thousands):


		March 31, 2023				December 31, 2022				Effective Interest Rate
Development liability		$	421,500			$	421,500				7.91	%
Less: Unamortized discount to development liability			(69,716	)			(76,349	)
Less: Current portion of development liability, net of discount			(30,071	)			(29,504	)
Total long term development liability		$	321,713			$	315,647

Schedule of Future Minimum SFJ Payments

Future minimum SFJ payments as of March 31, 2023 is as follows (in thousands):


2023	$		55,500
2024			98,750
2025			103,000
2026			109,000
2027 and thereafter			55,250
Total future minimum payments			421,500