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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 63,402 $ 51,371
Marketable securities 18,145 22,406
Accounts receivable, net 40,631 34,097
Inventories 23,484 20,298
Prepaid expenses and other current assets 13,443 6,036
Total current assets 159,105 134,208
Property and equipment, net 472 453
Operating lease right-of-use assets 2,721 1,702
Goodwill 16,836 16,836
Other non-current assets 8,023 11,037
Total assets 187,157 164,236
Current liabilities:    
Current portion of operating lease liability 723 582
Accounts payable 10,114 7,328
Accrued expenses 42,776 40,651
Other current liabilities 3,452 273
Total current liabilities 57,065 48,834
Long-term operating lease liability 2,002 1,122
Royalty financing obligation 35,318 35,249
Other non-current liabilities 2,063 5,183
Total liabilities 96,448 90,388
Shareholders’ equity:    
Preferred shares, nominal value of $0.01 per share; 50,000 shares authorized; zero issued and outstanding at June 30, 2025 and December 31, 2024 0 0
Ordinary shares, nominal value of $0.01 per share; 500,000 shares authorized; 96,777 issued and outstanding at June 30, 2025 and 96,518 issued and outstanding at December 31, 2024 967 965
Additional paid-in capital 902,970 891,791
Accumulated deficit (789,582) (794,328)
Accumulated other comprehensive loss (23,646) (24,580)
Total shareholders’ equity 90,709 73,848
Total liabilities and shareholders’ equity $ 187,157 $ 164,236