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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 150,902 $ 102,304
Short-term investment securities 78,257 59,374
Accounts receivable, net 39,320 0
Inventories 33,553 0
Prepaid research and development 5,001 4,237
Other current assets 12,081 2,359
Total current assets 319,114 168,274
Restricted cash 1,282 1,273
Long-term investment securities 0 12,404
Right of use assets 8,271 8,888
Leasehold interest, net 1,468 1,627
Equipment, net 133 307
Goodwill 799 799
Total assets 331,067 193,572
Current liabilities:    
Accounts payable and accrued expenses 39,741 42,019
Other current liabilities 1,217 1,017
Lease liability – current portion 1,479 1,581
Deferred revenue - current portion 6,903 152
Accrued compensation 8,338 8,432
Total current liabilities 57,678 53,201
Deferred revenue, non-current portion 190 305
Loan payable – non-current 98,908 71,135
Lease liability – non-current 9,522 10,344
Total liabilities 166,298 134,985
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.001 par value per share (175,000,000 shares authorized, 151,490,731 and 146,426,697 shares issued, 151,449,422 and 146,385,388 shares outstanding at September 30, 2023 and December 31, 2022, respectively) 151 146
Additional paid-in capital 1,664,797 1,585,708
Treasury stock, at cost, 41,309 shares at September 30, 2023 and December 31, 2022 (234) (234)
Accumulated deficit (1,499,945) (1,527,033)
Total stockholders’ equity 164,769 58,587
Total liabilities and stockholders’ equity $ 331,067 $ 193,572