XML 14 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 76,646 $ 179,911
Investments 485,268 451,505
Accounts receivable, net 30,323 36,615
Inventory, net 67,343 56,676
Prepaid expenses and other current assets 17,144 17,040
Short-term restricted cash 300 300
Total current assets 677,024 742,047
Property and equipment, net 37,291 36,432
Operating lease right-of-use assets, net 30,672 32,593
Long-term restricted cash 2,422 2,422
Intangible assets, net 450,131 456,984
Goodwill 462,261 462,261
Other long-term assets 10,119 13,274
Total assets 1,669,920 1,746,013
Current liabilities    
Accounts payable 21,006 15,062
Accrued expenses 21,991 45,708
Deferred revenue, current 17,346 16,342
Operating lease liabilities, current 9,772 9,591
Other liabilities, current 2,836 8,326
Total current liabilities 72,951 95,029
Deferred revenue, non-current 6,127 5,530
Contingent consideration liability, non-current 19,480 19,550
Operating lease liabilities, non-current 29,049 31,606
Convertible senior notes, net, non-current 892,545 892,243
Other liabilities, non-current 751 751
Total liabilities 1,020,903 1,044,709
Commitments and contingencies
Stockholders’ equity    
Authorized 50,000 shares; No shares issued or outstanding 0 0
Authorized 1,000,000 shares; issued and outstanding 272,280 and 267,744 shares at March 31, 2024 and December 31, 2023, respectively 272 268
Additional paid-in capital 2,566,304 2,539,892
Accumulated other comprehensive (loss) income (306) 219
Accumulated deficit (1,917,253) (1,839,075)
Total stockholders’ equity 649,017 701,304
Total liabilities and stockholders’ equity $ 1,669,920 $ 1,746,013