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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 144,711 $ 69,331
Marketable securities 377,885 384,281
Accounts receivable, net 140,831 142,077
Inventories, net 44,023 54,293
Prepaid expenses and other current assets 31,416 36,088
Total current assets 738,866 686,070
Property and equipment, net 11,069 11,545
Intangible assets, net 481,307 521,912
Goodwill 117,019 117,019
Deferred income tax assets, net 6,181 0
Other assets 27,963 31,527
Total assets 1,382,405 1,368,073
Current liabilities    
Accounts payable and accrued liabilities 77,739 76,352
Accrued product returns and rebates 180,916 168,705
Contingent consideration, current portion 0 47,340
Other current liabilities 27,705 0
Total current liabilities 286,360 292,397
Operating lease liabilities, long-term 24,383 27,382
Deferred income tax liabilities, net 0 4,961
Other liabilities 7,762 7,600
Total liabilities 318,505 332,340
Commitments and contingencies (Note 15)
Stockholders' equity    
Common stock, $0.001 par value; 130,000,000 shares authorized; 56,119,360 and 55,743,095 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 56 56
Additional paid-in capital 496,946 479,440
Accumulated other comprehensive loss, net of tax (200) (189)
Retained earnings 567,098 556,426
Total stockholders' equity 1,063,900 1,035,733
Total liabilities and stockholders' equity $ 1,382,405 $ 1,368,073