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Condensed Consolidated Statements of Cash Flows (Unaudited)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
USD ($)
Jun. 30, 2023
USD ($)
Operating Activities    
Net loss $ (104,080) $ (299,815)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation expense 60,339 58,101
Loss on extinguishment of development liability 1,949  
Loss on disposal of fixed assets   19
Depreciation expense 893 846
Amortization of discounts for credit facility 161  
Amortization of discounts for convertible notes 153 147
Accretion of discount to development liability 8,936 13,078
Changes in operating assets and liabilities:    
Accounts receivable (97,990) (103,186)
Inventory (29,431) (17,502)
Prepaid assets 9,832 2,535
Other current assets 10,039 9,846
Other assets (306) 14,977
Right-of-use assets and lease liabilities (171) (37)
Accounts payable 759 (9,849)
Accrued expenses (4,308) 3,065
Deferred revenue 1,903  
Net cash used in operating activities (141,322) (327,775)
Investing Activities    
Purchase of property and equipment (383) (631)
Net cash (used in) provided by investing activities (383) (631)
Financing Activities    
Proceeds from credit facility 365,454  
Payment of issuance cost for credit facility (1,589)  
Repayment of development liability (326,533)  
Proceeds from settlement of capped call 98,763  
Proceeds from issuance of common stock and pre-funded warrant offering net of issuance costs   384,387
Payments for development liability   (24,500)
Proceeds from exercise of stock options 11,439 40,052
Proceeds from issuance of common stock under employee share purchase plan 3,193 3,754
Payments of employee tax withholding related to equity-based compensation (28) (11,027)
Net cash provided by financing activities 150,699 392,666
Effect of exchange rate changes on cash, cash equivalents and restricted cash 133 9
Net increase in cash, cash equivalents and restricted cash 9,127 64,269
Cash, cash equivalents and restricted cash at beginning of period 352,299 553,075
Cash, cash equivalents and restricted cash at end of period 361,426 617,344
Reconciliation of cash, cash equivalents and restricted cash to the consolidated balance sheets:    
Cash and cash equivalents 360,087 616,259
Restricted cash 1,339 1,085
Total cash, cash equivalents, and restricted cash 361,426 617,344
Supplemental Disclosure of Financing Activities    
Cash paid for interest 6,949 1,643
Cash paid for income taxes   $ 384
Proceeds from income tax refunds net of income taxes paid $ 119