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Certain Balance Sheet Items (Tables)

3 Months Ended

Mar. 31, 2025

Balance Sheet Related Disclosures [Abstract]

Schedule of Accounts Receivable, Net and Contract Assets

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

						March 31, 2025						December 31, 2024
Product sales to partners						$	51,469					$	37,599
Revenues under collaborative agreements						18,926						29,452
Royalty payments						183,583						164,348
Other product sales						57,029						65,542
Contract assets						596						20,251
Total accounts receivable and contract assets						311,603						317,192
Allowance for distribution fees and discounts						(6,982)						(8,737)
Total accounts receivable, net and contract assets						$	304,621					$	308,455

Schedule of Inventories

Inventories consisted of the following (in thousands):

						March 31, 2025						December 31, 2024
Raw materials						$	18,420					$	24,015
Work-in-process						36,652						30,169
Finished goods						143,237						142,944
Total inventories						198,309						197,128
Less long-term portion (1)						(33,441)						(55,268)
Total inventories, current						$	164,868					$	141,860

(1) Long-term portion of inventories represents inventory expected to remain on hand beyond one year and therefore is included in prepaid expenses and other assets in the condensed consolidated balance sheets.

Schedule of Prepaid Expenses and Other Assets

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

						March 31, 2025						December 31, 2024
Prepaid manufacturing expenses						$	41,989					$	36,317
Other prepaid expenses						10,067						10,562
Long-term inventories						33,441						55,268
Other assets						14,729						17,400
Total prepaid expenses and other assets						100,226						119,547
Less long-term portion						(55,609)						(80,596)
Total prepaid expenses and other assets, current						$	44,617					$	38,951

Schedule of Property and Equipment

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

						March 31, 2025						December 31, 2024
Research equipment						$	9,936					$	9,811
Manufacturing equipment						40,495						39,760
Computer and office equipment						9,817						9,710
Leasehold improvements						7,203						7,012
Subtotal						67,451						66,293
Accumulated depreciation and amortization						(27,229)						(25,429)
Subtotal						40,222						40,864
Right of use of assets						32,594						34,171
Total property and equipment, net						$	72,816					$	75,035

Schedule of Accrued Expenses

Accrued expenses consisted of the following (in thousands):

						March 31, 2025						December 31, 2024
Accrued compensation and payroll taxes						$	10,342					$	24,400
Accrued outsourced manufacturing expenses						7,465						16,682
Taxes payable						57,964						30,995
Product returns and sales allowance						52,944						54,588
Other accrued expenses						28,637						26,239
Lease liability						29,389						30,705
Total accrued expenses						186,741						183,609
Less long-term portion						(56,436)						(54,758)
Total accrued expenses, current						$	130,305					$	128,851

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