XML 37 R24.htm IDEA: XBRL DOCUMENT v3.24.1.u1

Certain Balance Sheet Items (Tables)

3 Months Ended

Mar. 31, 2024

Balance Sheet Related Disclosures [Abstract]

Schedule of accounts receivable

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

						March 31, 2024						December 31, 2023
Accounts receivable from product sales to partners						$	27,045					$	58,588
Accounts receivable from revenues under collaborative agreements						2,078						16,183
Accounts receivable from royalty payments						115,413						118,170
Accounts receivable from other product sales						46,986						47,060
Contract assets						10,589						956
Total accounts receivable and contract assets						202,111						240,957
Allowance for distribution fees and discounts						(6,209)						(6,747)
Total accounts receivable, net and contract assets						$	195,902					$	234,210

Schedule of inventories

Inventories, consisted of the following (in thousands):

						March 31, 2024						December 31, 2023
Raw materials						$	29,112					$	23,646
Work-in-process						43,611						34,025
Finished goods						95,818						69,930
Total inventories, net						$	168,541					$	127,601

Schedule of prepaid expenses and other assets

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

						March 31, 2024						December 31, 2023
Prepaid manufacturing expenses						$	36,211					$	36,850
Other prepaid expenses						13,847						12,902
Other assets						12,951						16,677
Total prepaid expenses and other assets						63,009						66,429
Less: Long-term portion						(17,319)						(17,816)
Total prepaid expenses and other assets, current						$	45,690					$	48,613

Schedule of property and equipment, net

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

						March 31, 2024						December 31, 2023
Research equipment						$	8,690					$	8,588
Manufacturing equipment						36,364						32,472
Computer and office equipment						10,888						9,722
Leasehold improvements						7,124						6,987
Subtotal						63,066						57,769
Accumulated depreciation and amortization						(21,180)						(19,661)
Subtotal						41,886						38,108
Right of use of assets						36,185						36,836
Property and equipment, net						$	78,071					$	74,944

Schedule of accrued expenses

Accrued expenses consisted of the following (in thousands):

						March 31, 2024						December 31, 2023
Accrued compensation and payroll taxes						$	10,442					$	17,361
Accrued outsourced manufacturing expenses						27,456						12,361
Income taxes payable						19,074						963
Product returns and sales allowance						39,941						41,932
Other accrued expenses						20,839						33,584
Lease liability						31,763						32,197
Total accrued expenses						149,515						138,398
Less long-term portion						(31,201)						(37,720)
Total accrued expenses, current						$	118,314					$	100,678

X

- References

No definition available.

+ Details

Name:	us-gaap_BalanceSheetRelatedDisclosuresAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 360
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482099/360-10-50-1

+ Details

Name:	us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.3,4)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

+ Details

Name:	us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of accrued liabilities.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfAccruedLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(6)(a))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(6)(b))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(6)(c))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483489/210-10-50-1

+ Details

Name:	us-gaap_ScheduleOfInventoryCurrentTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the carrying amounts of other assets. This disclosure includes other current assets and other noncurrent assets.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfOtherAssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration