|
The following table summarizes the contingent consideration recorded as of March 31, 2026 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
CVR Liabilities - |
|
CVR Liabilities - |
|
|
Contingent Consideration |
|
Current Portion |
|
Long-Term |
|
Total |
HilleVax sublease |
|
$ |
1,491 |
|
$ |
4,148 |
|
$ |
5,639 |
LAVA tax reserve |
|
|
— |
|
|
6,333 |
|
|
6,333 |
LAVA additional closing net cash |
|
|
— |
|
|
411 |
|
|
411 |
Turnstone tax CVR |
|
|
850 |
|
|
— |
|
|
850 |
Turnstone lease security deposit |
|
|
260 |
|
|
— |
|
|
260 |
Generation Bio additional closing net cash |
|
|
2,532 |
|
|
— |
|
|
2,532 |
Generation Bio lease security deposit |
|
|
2,051 |
|
|
— |
|
|
2,051 |
Total |
|
$ |
7,184 |
|
$ |
10,892 |
|
$ |
18,076 |
The following table summarizes the contingent consideration recorded as of December 31, 2025 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
CVR Liabilities - |
|
CVR Liabilities - |
|
|
Contingent Consideration |
|
Current Portion |
|
Long-Term |
|
Total |
HilleVax sublease |
|
$ |
1,154 |
|
$ |
4,124 |
|
$ |
5,278 |
LAVA tax reserve |
|
|
— |
|
|
6,333 |
|
|
6,333 |
LAVA additional closing net cash |
|
|
2,781 |
|
|
— |
|
|
2,781 |
Turnstone tax CVR |
|
|
850 |
|
|
— |
|
|
850 |
Turnstone lease security deposit |
|
|
260 |
|
|
— |
|
|
260 |
Total |
|
$ |
5,045 |
|
$ |
10,457 |
|
$ |
15,502 |
|