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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 79,813 $ 51,371
Marketable securities 11,764 22,406
Accounts receivable, net 42,444 34,097
Inventories 23,905 20,298
Prepaid expenses and other current assets 14,300 6,036
Total current assets 172,226 134,208
Property and equipment, net 467 453
Operating lease right-of-use assets 2,544 1,702
Goodwill 16,836 16,836
Other non-current assets 7,375 11,037
Total assets 199,448 164,236
Current liabilities:    
Current portion of operating lease liability 740 582
Accounts payable 12,581 7,328
Accrued expenses 44,156 40,651
Other current liabilities 5,010 273
Total current liabilities 62,487 48,834
Long-term operating lease liability 1,810 1,122
Royalty financing obligation 34,828 35,249
Other non-current liabilities 2,098 5,183
Total liabilities 101,223 90,388
Shareholders’ equity:    
Preferred shares, nominal value of $0.01 per share; 50,000 shares authorized; zero issued and outstanding at September 30, 2025 and December 31, 2024 0 0
Ordinary shares, nominal value of $0.01 per share; 500,000 shares authorized; 97,235 issued and outstanding at September 30, 2025 and 96,518 issued and outstanding at December 31, 2024 972 965
Additional paid-in capital 910,391 891,791
Accumulated deficit (789,562) (794,328)
Accumulated other comprehensive loss (23,576) (24,580)
Total shareholders’ equity 98,225 73,848
Total liabilities and shareholders’ equity $ 199,448 $ 164,236