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Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2020

Accounting Policies [Abstract]

Summary of Impact of Accounts Receivable Reserves on Gross Trade Accounts Receivable Balances

The following table summarizes the impact of accounts receivable reserves on the gross trade accounts receivable balances as of September 30, 2020 and December 31, 2019:

In thousands		September 30, 2020				December 31, 2019
Gross trade accounts receivable		$	223,579			$	149,567
Trade allowances			(63,069	)			(29,261	)
Chargebacks			(12,273	)			(3,876	)
Allowance for doubtful accounts			(945	)			—
Accounts receivable, net		$	147,292			$	116,430

Calculation of Net Loss and Number of Shares Used to Compute Basic and Diluted Net Loss per Share

The calculation of net loss and the number of shares used to compute basic and diluted net loss per share for the three and nine months ended September 30, 2020 and 2019 are as follows:

		Three months ended September 30,								Nine months ended September 30,
In thousands		2020				2019				2020				2019
Net loss—basic and diluted		$	(6,788	)		$	(3,462	)		$	(22,926	)		$	(29,713	)
Weighted average shares outstanding—basic and diluted			389,699				350,994				378,770				336,938
Net loss per share—basic and diluted		$	(0.02	)		$	(0.01	)		$	(0.06	)		$	(0.09	)

Anti-Dilutive Securities Not Included in the Computation of Net Loss or Earnings per Share

For the three and nine months ended September 30, 2020 and 2019, the following potentially dilutive securities were not included in the computation of net loss per share because the effect would be anti-dilutive or because performance criteria were not yet met for awards contingent upon such measures:

		Three months ended September 30,								Nine months ended September 30,
In thousands		2020				2019				2020				2019
Stock options			17,479				16,259				17,479				16,259
Restricted stock and restricted stock units			7,727				9,359				7,727				9,359
Preferred stock, if converted			2,385				28,932				2,385				28,932

Estimated Fair Value of Assets and Liability

The following tables present information about the estimated fair value of the Company’s assets and liabilities as of September 30, 2020 and December 31, 2019 and indicate the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value:

		September 30, 2020
In thousands		Total				Level 1				Level 2				Level 3
Asset:
Money Market Fund		$	81,714			$	81,714			$	—			$	—
U.S. Treasury Shares			59,959				59,959				—				—
Corporate Bonds			200,704				—				200,704				—
Commercial Paper			110,858				—				110,858				—
Agency Securities			14,027				—				14,027				—
Repo Securities			11,000				—				11,000				—
Asset Backed Securities			8,887				—				8,887				—
Certificate of Deposit			6,129				—				6,129				—
Total		$	493,278			$	141,673				351,605			$	—

		December 31, 2019
In thousands		Total				Level 1				Level 2				Level 3
Asset:
Money Market Fund		$	10,078			$	10,078			$	—			$	—

Carrying Amounts and Estimated Fair Values of Debt from Royalty-Bearing Instrument

The carrying amounts of accounts payable and accrued liabilities approximate fair value because of their short-term nature. The carrying amounts and the estimated fair values of debt from royalty-bearing instrument as of September 30, 2020 and December 31, 2019 are as follows:

		September 30, 2020								December 31, 2019
In thousands		Carrying Value				Estimated Fair Value				Carrying Value				Estimated Fair Value
Debt from royalty-bearing instrument		$	9,387			$	9,500			$	49,702			$	50,400

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Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

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