XML 14 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 188,550 $ 155,700
Short-term investments 167,399 266,308
Accounts receivable, net ($11,563 and $12,088 from related parties) 17,654 16,299
Inventories 42,456 40,436
Prepaid expenses and other current assets 14,490 14,083
Total current assets 430,549 492,826
Restricted time deposits 2,072 2,072
Long-term investments 0 4,348
Property and equipment, net 18,693 20,605
Equity method investment in unconsolidated variable interest entity 5,884 5,061
Operating lease right-of-use assets 76,674 79,893
Other assets 4,672 5,282
Total assets 538,544 610,087
Current liabilities:    
Accounts payable ($57,499 and $0 to a related party) 71,282 30,758
Accrued and other current liabilities ($19,594 and $63,886 to a related party) 157,042 219,773
Deferred revenue ($13,129 and $9,259 to related parties) 16,495 12,739
Operating lease liabilities, current 9,927 10,292
Total current liabilities 254,746 273,562
Product development obligations 17,276 16,917
Deferred revenue, net of current 163,089 185,722
Operating lease liabilities, non-current 76,885 79,593
Liability related to sale of future revenues, non-current 48,370 49,333
Other long-term liabilities ($1,618 and $0 to a related party) 7,063 6,440
Total liabilities 567,429 611,567
Commitments and Contingencies (Note 10)
Stockholders' deficit:    
Preferred stock, $0.01 par value; 125,000 shares authorized; no shares issued and outstanding at March 31, 2023 and December 31, 2022
Common stock, $0.01 par value; 225,000 shares authorized at March 31, 2023 and December 31, 2022; 96,623 and 94,166 shares issued and outstanding at March 31, 2023 and December 31, 2022 966 942
Additional paid-in capital 1,589,145 1,541,019
Accumulated other comprehensive loss (4,570) (5,720)
Accumulated deficit (1,634,393) (1,557,688)
Total stockholders' deficit (48,852) (21,447)
Non-controlling interests 19,967 19,967
Total deficit (28,885) (1,480)
Total liabilities, stockholders' deficit and non-controlling interests $ 538,544 $ 610,087