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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 21,811 $ 20,166
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation 17,223 15,540
Interest on liability for sale of future royalties 10,564 12,720
Sold portion of royalty revenue (9,455) (7,533)
Write-off of inventory 8,335 1,909
Depreciation and amortization 6,254 5,211
Loss on foreign currency transaction 7,752 526
Impairment loss on available-for-sale investment 6,409 1,550
Net accretion of investments (2,245) (3,765)
Amortization of right-of-use assets 1,815 1,140
Amortization of debt discount and issuance costs 376 1,333
Loss on settlement of debt   7,050
Gain on bargain purchase   (5,259)
Loss on estimated returns of acquired product   1,444
Other, net   49
Changes in operating assets and liabilities:    
Accounts receivable, net (5,579) (3,728)
Inventory (7,421) (27)
Prepaid expenses and other current assets (12,360) (6,442)
Other assets (1,526) (2,821)
Accounts payable 477 (3,136)
Accrued expenses and other current liabilities (10,094) (4,809)
Deferred revenue (5,250) (7,211)
Recognized loss on purchase commitments   (2,689)
Operating lease liabilities (873) (1,407)
Net cash provided by operating activities 26,213 19,867
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of available-for-sale securities (144,080)  
Proceeds from maturities of available-for-sale securities 143,812  
Issuance of note receivable (10,000)  
Purchase of property and equipment (2,572) (6,797)
Purchase of held-to-maturity securities   (273,789)
Proceeds from maturities of held-to-maturity securities   135,317
Proceeds from insurance claim   396
Net cash used in investing activities (12,840) (144,873)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from term loan 75,000  
Payment of loan issuance costs (2,347)  
Payments for taxes related to net issuance of common stock associated with restricted stock units and stock options (5,136) (6,178)
Principal payments on financing liability (530) (282)
Proceeds from market price stock purchase plan and employee stock purchase plan 1,338 2,320
Milestone Right Agreement payment (639) (752)
Principal payments on financing lease liability   (3)
Principal and early extinguishment payments on MidCap credit facility   (36,617)
Principal and early extinguishment payments on Mann Group convertible note   (8,854)
Net cash provided by (used in) financing activities 67,686 (50,366)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 81,059 (175,372)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD 47,076 238,480
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD 128,135 63,108
SUPPLEMENTAL CASH FLOWS DISCLOSURES:    
Interest paid in cash 5,569 13,616
Income taxes paid in cash 1,156 1,961
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Amortization of liability for sale of future royalties 937 2,912
Non-cash construction in progress, property and equipment $ 825 1,486
Assumption of right-of-use-asset and operating lease liability   10,057
Non-cash acquisition of intangible asset   4,300
Payments of Mann Group principal and interest through common stock issuances   3,806
Non-cash acquisition of property and equipment   959
Addition of right-of-use-asset and lease liability   226
The Mann Group L L C    
Adjustments to reconcile net income to net cash provided by operating activities:    
Interest on Mann Group convertible note   $ 56