Balance Sheet Details

12 Months Ended

Dec. 31, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

5. Balance Sheet Details

Inventory consisted of the following (in thousands):


	December 31,
	2024		2023
Finished goods	$	20,461	$	5,001
Work in process		1,488		4,134
Raw material		69,741		31,312
	$	91,690	$	40,447
Reported as:
Inventory	$	21,949	$	35,819
Long-term inventory		69,741		4,628
Total	$	91,690	$	40,447

Amount reported as long-term inventory primarily consists of raw materials as of December 31, 2024 and 2023.

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


	December 31,
	2024			2023
Computers and software	$	5,614		$	5,873
Leasehold improvements		3,746			3,746
Furniture and fixtures		4,549			4,549
Construction-in-process		523			—
		14,432			14,168
Accumulated depreciation		(10,217	)		(9,556	)
	$	4,215		$	4,612

Depreciation of property and equipment was $0.9 million, $1.5 million, and $2.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. For the years ended December 31, 2024 and 2023, the Company did not retire any fully depreciated property and equipment. For the year ended December 31, 2022, the Company retired $0.1 million of fully depreciated property and equipment.

Accrued liabilities consisted of the following (in thousands):


	December 31,
	2024		2023
Accrued sales allowances	$	148,280	$	90,718
Accrued contingent payments		102,262		29,583
Accrued compensation and benefits		36,551		42,718
Accrued consulting and professional fees		27,435		18,804
Accrued research and development services		27,181		32,883
Accrued taxes		12,016		1,564
Current portion of lease liabilities		9,958		9,405
Other		14,995		11,036
	$	378,678	$	236,711