v3.25.4
Intangible Assets, Net (Tables)
 12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Components of Intangible Assets
The following table presents the components of the Company’s intangible assets, net ($ in thousands):
As of December 31,
20252024
Gross Carrying AmountAccumulated AmortizationNet Carrying ValueGross Carrying AmountAccumulated AmortizationNet Carrying Value
Finite-lived intangible assets
Commercial products (i)83,203 (8,056)75,147 57,104 (2,637)54,467 
Software4,461 (3,464)997 4,360 (2,800)1,560 
Total87,664 (11,520)76,144 61,464 (5,437)56,027 
(i) The increase in the net carrying value is primarily driven by regulatory milestone fees for repotrectinib and KarXT (see Note 16)
Schedule of Expected Future Amortization Expense
Expected future amortization expense for the five succeeding years and thereafter is as follows ($ in thousands):
Year Ended December 31
20267,295 
20278,580 
20289,877 
20297,475 
20307,465 
Thereafter35,452 
76,144