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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
[1]
Current assets:    
Cash and cash equivalents $ 1,304,109 $ 3,213,376
Marketable securities—available-for-sale (amortized cost $463,921 and $442,816 as of September 30, 2024 and December 31, 2023, respectively; allowance for credit losses $0 as of September 30, 2024 and December 31, 2023) 467,235 442,667
Short term equity investments 3,344 0
Accounts receivable 758,450 743,557
Inventory 70,442 62,972
Prepaid expenses and other current assets 205,128 182,830
Total current assets 2,808,708 4,645,402
Restricted cash 1,737 1,845
Long term equity investments 27,566 187,716
Inventory 297,974 206,965
Property and equipment, net 773,102 751,513
Finance lease right-of-use assets, net 25,072 25,535
Other intangible assets, net 119,994 123,545
Goodwill 155,593 155,593
Deferred income tax asset 762,310 631,886
Other assets, net 40,378 52,107
Total assets 5,012,434 6,782,107
Current liabilities:    
Accounts payable 178,710 109,601
Accrued compensation 150,722 153,348
Accrued and other current liabilities 1,127,951 935,569
Finance lease liabilities 3,932 3,439
Acquisition-related contingent consideration 40,335 38,422
Total current liabilities 1,501,650 1,240,379
Acquisition-related contingent consideration 166,665 173,578
Finance lease liabilities 28,223 29,162
Other liabilities 144,676 149,151
Total liabilities 1,841,214 1,592,270
Commitments and contingencies (Note 16)
Stockholders’ equity:    
Preferred stock, $0.001 par value; 5,000,000 shares authorized; none issued or outstanding 0 0
Common stock, $0.001 par value; 400,000,000 shares authorized; 192,798,328 and 224,286,862 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively 192 224
Additional paid-in capital 4,429,466 5,016,122
Accumulated other comprehensive income 15,655 13,106
(Accumulated deficit) retained earnings (1,274,093) 160,385
Total stockholders’ equity 3,171,220 5,189,837
Total liabilities and stockholders’ equity $ 5,012,434 $ 6,782,107
[1] The condensed consolidated balance sheet at December 31, 2023 has been derived from the audited consolidated financial statements at that date.