| Summary of the activity of revenue interest financing agreement |
The following table summarizes the activity of the Revenue Interest Financing Agreement for the six months ended June 30, 2023 and June 30, 2024 (in thousands): | | | | | | | | | | For the six months ended June 30, 2023 | | | | | Revenue Interest Financing Balance at December 31, 2022 | | $ | 30,877 | | Non-cash interest expense in the six months ended June 30, 2023 | | | 2,916 | | Amortization of debt discount in the six months ended June 30, 2023 | | | 134 | | Payments made in the six months ended June 30, 2023 | | | (421) | | Revenue Interest Financing Balance at June 30, 2023 | | $ | 33,506 | | | | | | | Current portion of revenue interest financing liability | | | 1,556 | | Long-term portion of revenue interest financing liability | | | 31,950 | | Revenue Interest Financing Balance at June 30, 2023 | | $ | 33,506 | | | | | | | For the six months ended June 30, 2024 | | | | | Revenue Interest Financing Balance at December 31, 2023 | | $ | 35,977 | | Non-cash interest expense in the six months ended June 30, 2024 | | | 3,156 | | Amortization of debt discount in the six months ended June 30, 2024 | | | 197 | | Payments made in the six months ended June 30, 2024 | | | (1,050) | | Revenue Interest Financing Balance at June 30, 2024 | | $ | 38,280 | | | | | | | Current portion of revenue interest financing liability | | $ | 2,849 | | Long-term portion of revenue interest financing liability | | | 35,431 | | Revenue Interest Financing Balance at June 30, 2024 | | $ | 38,280 | |
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