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Certain Balance Sheet Items (Tables)

12 Months Ended

Dec. 31, 2023

Balance Sheet Related Disclosures [Abstract]

Summary of Accounts Receivable

Accounts receivable, net and contract assets consisted of the following (in thousands):

						December 31, 2023						December 31, 2022
Accounts receivable from product sales to partners						$	58,588					$	62,979
Accounts receivable from revenues under collaborative agreements						16,183						18,776
Accounts receivable from royalty payments						118,170						100,900
Accounts receivable from other product sales						47,060						6,229
Contract assets						956						44,102
Total accounts receivable and contract assets						240,957						232,986
Allowance for distribution fees and discounts						(6,747)						(1,914)
Total accounts receivable, net and contract assets						$	234,210					$	231,072

Summary of Inventories

Inventories consisted of the following (in thousands):

						December 31, 2023						December 31, 2022
Raw materials						$	23,646					$	13,792
Work-in-process						34,025						40,361
Finished goods						69,930						45,970
Total inventories, net						$	127,601					$	100,123

Summary of Prepaid Expenses and Other Assets

Prepaid expenses and other assets consisted of the following (in thousands):

						December 31, 2023						December 31, 2022
Prepaid manufacturing expenses						$	36,850					$	51,694
Other prepaid expenses						12,902						4,647
Other assets						16,677						14,984
Total prepaid expenses and other assets						66,429						71,325
Less: Long-term portion						(17,816)						(26,301)
Total prepaid expenses and other assets, current						$	48,613					$	45,024

Summary of Property and Equipment

Property and equipment, net consisted of the following (in thousands):

						December 31, 2023						December 31, 2022
Research equipment						$	8,588					$	7,380
Manufacturing equipment						32,472						27,893
Computer and office equipment						9,722						7,855
Leasehold improvements						6,987						6,729
Subtotal						57,769						49,857
Accumulated depreciation and amortization						(19,661)						(14,756)
Subtotal						38,108						35,101
Right of use of assets						36,836						40,469
Property and equipment, net						$	74,944					$	75,570

Summary of Accrued Expenses

Accrued expenses consisted of the following (in thousands):

						December 31, 2023						December 31, 2022
Accrued compensation and payroll taxes						$	17,361					$	19,939
Accrued outsourced manufacturing expenses						12,361						12,190
Income taxes payable						963						—
Product returns and sales allowance						41,932						30,261
Other accrued expenses						33,584						35,270
Lease liability						32,197						34,788
Total accrued expenses						138,398						132,448
Less long-term portion						(37,720)						(32,686)
Total accrued expenses, current						$	100,678					$	99,762

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Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

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-Topic 210
-SubTopic 10
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