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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating activities    
Net income (loss) $ 102,875 $ (75,729)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 1,507 949
Stock-based compensation expense 7,319 12,282
Impairment of out-license asset and remeasurement of CVR liability, net 6,772  
Gain on Sale Transaction, net (Note 6) (153,647)  
Inventory write-downs, net 2,481 3,241
Other non-cash adjustments, net (2,695) (129)
Changes in operating assets and liabilities:    
Trade receivables, net 8,579 8,529
Inventory (11,455) (2,671)
Prepaid manufacturing 9,589 1,861
Other prepaid, current and non-current assets (4,426) 2,057
Accounts payable 616 11,739
Accrued rebates, fees and reserves (15,157) 1,236
TSA related operating assets and liabilities, net (Note 6) (1,424)  
Accrued compensation 1,559 (10,188)
Accrued and other current and non-current liabilities 741 (21,909)
Net cash used in operating activities (46,766) (68,732)
Investing activities    
Proceeds from maturities of investments in marketable securities 6,200 17,500
Proceeds from sale of investments in marketable securities 8,688  
Cash received from Sale Transaction (Note 6) 187,823  
Other investing activities, net 52 26
Net cash provided by investing activities 202,763 17,526
Financing activities    
Proceeds from issuance of common stock upon exercise of stock options 291 103
Taxes paid related to net share settlement (745) (2,781)
Other financing activities (166) (353)
Net cash provided by financing activities 887 3,804
Net increase (decrease) in cash, cash equivalents and restricted cash 156,884 (47,402)
Cash, cash equivalents and restricted cash at beginning of period 103,343 63,987
Cash, cash equivalents and restricted cash at end of period 260,227 16,585
At The Market Offering.    
Financing activities    
Proceeds from issuance of common stock under ATM Offering, net of issuance costs $ 1,507 $ 6,835