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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 125,987 $ 102,891
Investments in marketable securities   14,857
Trade receivables, net 111,324 260,522
TSA receivables, net (Note 6) 11,010  
Inventory 70,094 62,605
Prepaid manufacturing 11,636 23,657
Other prepaids and current assets 11,532 11,099
Total current assets 341,583 475,631
Property and equipment, net 2,837 5,119
Inventory, non-current 43,776 67,495
Intangible assets, net 53,646 71,673
Other assets, non-current 6,691 9,686
Total assets 448,533 629,604
Current liabilities:    
Accounts payable 28,456 35,219
Accrued rebates, fees and reserves 164,867 169,645
TSA payables and other accrued liabilities (Note 6) 11,026  
Accrued compensation 18,344 21,521
Accrued and other current liabilities 60,288 105,386
Total current liabilities 282,981 331,771
Term loans, non-current 36,698 246,481
Convertible notes 228,229 226,888
Lease liabilities, non-current 3,286 5,328
Other liabilities, non-current 29,329 12,561
Total liabilities 580,523 823,029
Commitments and contingencies (Note 9)
Stockholders' deficit:    
Preferred stock ($0.0001 par value; shares authorized: 5,000,000; shares issued and outstanding: 0 at December 31, 2024 and 2023)
Common stock ($0.0001 par value; shares authorized: 300,000,000; shares issued and outstanding: 115,614,548 and 112,215,260 at December 31, 2024 and 2023, respectively) 12 11
Additional paid-in capital 1,419,266 1,386,312
Accumulated other comprehensive loss (275) (248)
Accumulated deficit (1,550,993) (1,579,500)
Total stockholders' deficit (131,990) (193,425)
Total liabilities and stockholders' deficit $ 448,533 $ 629,604