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Condensed Consolidated Statements of Cash Flows (Unaudited)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Operating Activities    
Net loss $ (134,376) $ (104,080)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation expense 54,571 60,339
Loss on extinguishment of development liability   1,949
Depreciation expense 892 893
Amortization of discounts for credit facility 1,046 161
Amortization of discounts for convertible notes 159 153
Accretion of discount to development liability   8,936
Changes in operating assets and liabilities:    
Accounts receivable 50,798 (97,990)
Inventory (12,011) (29,431)
Prepaid assets (10,773) 9,832
Other current assets (8,145) 10,039
Other assets 259 (306)
Right-of-use assets and lease liabilities 222 (171)
Accounts payable 15,666 759
Accrued expenses (7,273) (4,308)
Deferred revenue   1,903
Net cash used in operating activities (48,965) (141,322)
Investing Activities    
Purchase of property and equipment (57) (383)
Net cash used in investing activities (57) (383)
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 exercise of stock options 4,648 11,439
Proceeds from issuance of common stock under employee share purchase plan 2,191 3,193
Payments of employee tax withholding related to equity-based compensation (7) (28)
Net cash provided by financing activities 6,832 150,699
Effect of exchange rate changes on cash, cash equivalents and restricted cash 1,044 133
Net (decrease)/ increase in cash, cash equivalents and restricted cash (41,146) 9,127
Cash, cash equivalents and restricted cash at beginning of period 412,612 352,299
Cash, cash equivalents and restricted cash at end of period 371,466 361,426
Reconciliation of cash, cash equivalents and restricted cash to the consolidated balance sheets:    
Cash and cash equivalents 370,036 360,087
Restricted cash 1,430 1,339
Total cash, cash equivalents, and restricted cash 371,466 361,426
Supplemental Disclosure of Financing Activities    
Cash paid for interest 11,092 6,949
Cash paid for income taxes $ 807  
Proceeds from income tax refunds net of income taxes paid   $ 119