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Certain Balance Sheet Items (Tables)

9 Months Ended

Sep. 30, 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):

						September 30, 2025						December 31, 2024
Product sales to partners						$	39,602					$	37,599
Revenues under collaborative agreements						21,238						29,452
Royalty payments						233,030						164,348
Other product sales						57,469						65,542
Contract assets						2,500						20,251
Total accounts receivable and contract assets						353,839						317,192
Allowance for distribution fees and discounts						(7,804)						(8,737)
Total accounts receivable, net and contract assets						$	346,035					$	308,455

Schedule of Inventories

Inventories consisted of the following (in thousands):

						September 30, 2025						December 31, 2024
Raw materials						$	18,961					$	24,015
Work-in-process						34,840						30,169
Finished goods						161,590						142,944
Total inventories						215,391						197,128
Less long-term portion (1)						(29,595)						(55,268)
Total inventories, current						$	185,796					$	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):

						September 30, 2025						December 31, 2024
Prepaid manufacturing expenses						$	56,027					$	36,317
Other prepaid expenses						47,084						10,562
Long-term inventories						29,595						55,268
Other assets						17,947						17,400
Total prepaid expenses and other assets						150,653						119,547
Less long-term portion						(55,698)						(80,596)
Total prepaid expenses and other assets, current						$	94,955					$	38,951

Schedule of Property and Equipment

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

						September 30, 2025						December 31, 2024
Research equipment						$	10,540					$	9,811
Manufacturing equipment						43,366						39,760
Computer and office equipment						8,054						7,955
Internal-use software						2,246						1,755
Leasehold improvements						7,428						7,012
Subtotal						71,634						66,293
Accumulated depreciation and amortization						(31,059)						(25,429)
Subtotal						40,575						40,864
Right of use of assets						30,845						34,171
Total property and equipment, net						$	71,420					$	75,035

Schedule of Accrued Expenses

Accrued expenses consisted of the following (in thousands):

						September 30, 2025						December 31, 2024
Accrued compensation and payroll taxes						$	15,831					$	24,400
Accrued outsourced manufacturing expenses						8,429						16,682
Taxes payable						26,021						30,995
Product returns and sales allowance						48,442						54,588
Other accrued expenses						56,158						26,239
Lease liability						28,101						30,705
Total accrued expenses						182,982						183,609
Less long-term portion						(71,799)						(54,758)
Total accrued expenses, current						$	111,183					$	128,851

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