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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 760,022 $ 614,159
Restricted cash 0 38,768
Accounts receivable-net 215,243 63,311
Note receivable-current-net 3,309 2,979
Inventories-net 198,704 173,289
Prepaid expenses and other current assets 23,747 11,341
Deferred other costs-current 14,124 14,124
Total current assets 1,215,149 917,971
Note receivable-non-current 0 3,574
Property and equipment-net 21,061 10,185
Deferred tax assets 30,614 501
Right of use assets-operating leases 1,152 972
Right of use assets-finance leases 148 208
Other long-term assets 265 263
Deferred other costs-non-current 251,869 262,462
Intangibles-net 11,772 12,254
Goodwill 13,588 13,679
Total Assets 1,545,618 1,222,069
Current liabilities:    
Accounts payable and accrued expenses 121,088 106,147
Income taxes payable 58,855 1,193
Accrued distributor termination fees 0 3,986
Accrued promotional allowance 136,557 35,977
Lease liability obligation-operating leases 628 661
Lease liability obligation-finance leases 63 70
Deferred revenue-current 9,500 9,675
Other current liabilities 8,826 3,586
Total current liabilities 335,517 161,295
Long-term liabilities:    
Lease liability obligation-operating leases 512 326
Lease liability obligation-finance leases 135 162
Deferred tax liability 2,249 15,919
Deferred revenue-non-current 169,370 179,788
Total Liabilities 507,783 357,490
Commitments and contingencies
Mezzanine Equity:    
Series A convertible preferred shares, $0.001 par value, 5% cumulative dividends; 1,466,666 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively, aggregate liquidation preference of $550,000 as of September 30, 2023 and December 31, 2022, respectively 824,488 824,488
Stockholders’ Equity:    
Common stock, $0.001 par value; 100,000,000 shares authorized, 77,225,007 and 76,382,441 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 77 76
Additional paid-in capital 277,980 280,668
Accumulated other comprehensive loss (2,541) (1,881)
Accumulated deficit (62,169) (238,772)
Total Stockholders’ Equity 213,347 40,091
Total Liabilities, Mezzanine Equity and Stockholders’ Equity $ 1,545,618 $ 1,222,069