XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 120,971 $ 298,395
Accounts receivable, net 48,049 10,439
Inventory 9,035 6,805
Prepaid expenses and other current assets 13,962 5,167
Total current assets 192,017 320,806
Operating lease right-of-use asset 2,575 2,770
Property and equipment, net 1,186 847
License and acquired intangibles, net 167,108 32,471
Deferred tax assets, net 37,428 18,736
Investment in equity securities 12,897 0
Total assets 413,211 375,630
Current Liabilities:    
Accounts payable 4,598 3,975
Accrued expenses and other liabilities 53,208 53,613
Total current liabilities 57,806 57,588
Operating lease liability, net of current portion 3,282 3,557
Other non-current liabilities 3,575 14,064
Total liabilities 64,663 75,209
Commitments and contingencies (Note 12)
Stockholders' equity:    
Preferred stock, $0.001 par value, 5,000,000 shares authorized: none issued and outstanding at September 30, 2023 and December 31, 2022 0 0
Common stock, $0.001 par value, 200,000,000 shares authorized; 106,605,007 shares and 105,263,031 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 107 105
Additional paid-in capital 261,998 250,430
Retained earnings (accumulated deficit) 86,428 49,862
Accumulated other comprehensive income (loss) (Note 4) 15 24
Total stockholders' equity 348,548 300,421
Total liabilities and stockholders' equity $ 413,211 $ 375,630