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Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 209,287 $ 325,089
Investments 620,575 447,229
Accounts receivable, net 24,034 18,786
Inventory, net 67,608 50,381
Prepaid expenses and other current assets 13,748 10,289
Short-term restricted cash 300 300
Total current assets 935,552 852,074
Property and equipment, net 40,317 41,580
Operating lease right-of-use assets, net 36,444 39,763
Long-term restricted cash 2,422 2,922
Intangible assets, net 409,779 410,245
Goodwill 409,974 409,974
Other long-term assets 13,143 10,528
Total assets 1,847,631 1,767,086
Current liabilities    
Accounts payable 16,512 12,028
Accrued expenses 27,010 32,596
Deferred revenue, current 24,983 30,498
Operating lease liabilities, current 9,243 8,886
Other liabilities, current 7,336 7,233
Contingent consideration liability, current 186,325 172,094
Total current liabilities 271,409 263,335
Deferred revenue, non-current 4,992 1,794
Operating lease liabilities, non-current 36,599 41,070
Convertible senior notes, net, non-current 891,795 896,683
Other liabilities, non-current 837 1,300
Total liabilities 1,205,632 1,204,182
Commitments and contingencies
Stockholders’ equity    
Authorized 50,000 shares; No shares issued or outstanding 0 0
Authorized 1,000,000 shares; issued and outstanding 250,473 and 226,505 shares at June 30, 2023 and December 31, 2022, respectively 250 227
Additional paid-in capital 2,334,623 2,099,782
Accumulated other comprehensive loss (2,686) (4,765)
Accumulated deficit (1,690,188) (1,532,340)
Total stockholders’ equity 641,999 562,904
Total liabilities and stockholders’ equity $ 1,847,631 $ 1,767,086