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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 199,597 $ 272,127
Restricted cash 4,296 2,221
Investments 0 28,239
Trade receivables 26,212 8,646
Inventories 13,663 7,039
Prepaid expenses and other current assets 8,975 5,528
Total current assets 252,743 323,800
Property and equipment, net 7,829 7,113
Other assets 5,191 3,802
Total assets 265,763 334,715
Liabilities and Stockholders’ Equity    
Accounts payable 19,693 18,713
Accrued expenses 56,308 33,942
Interest payable 25,553 21,670
Deferred revenue 602 150
Lease financing obligation 1,452 1,179
Non-recourse notes payable 30,000 30,000
Total current liabilities 133,608 105,654
Lease financing obligation 5,035 3,871
Royalty financing obligation 142,114 124,717
Secured term loan 132,050 119,735
Stockholders’ equity:    
Preferred stock, $0.001 par value; shares authorized - 5,000; no shares issued and outstanding 0 0
Common stock, $0.01 par value; shares authorized - 450,000; shares issued and outstanding – 179,791 in 2021 and 176,883 in 2020 1,798 1,769
Additional paid-in capital 1,040,769 1,002,408
Accumulated other comprehensive income 114 3
Accumulated deficit (1,189,725) (1,023,442)
Total stockholders’ equity (147,044) (19,262)
Total liabilities and stockholders’ equity $ 265,763 $ 334,715