CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Operating Activities:
Net income (loss)	$ 36,566	$ 57,608
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation	232	106
Stock-based compensation	10,000	5,981
Amortization of intangible assets	23,506	518
Deferred taxes	(18,701)	3,652
Accretion of discount	1,146	17
Reduction in the carrying amount of right-of-use asset	195	184
Realized loss on sale of available-for-sale securities		762
Acquired research and development inventory expensed from asset acquisition		4,130
Acquired inventory samples expensed from asset acquisition	130
Acquired in-process research and development	79,288
Change in fair value of equity securities	568
(Increase) decrease in:
Accounts receivable, net	(37,610)	(2,718)
Inventory	1,870	738
Prepaid expenses and other current assets	(7,219)	575
Increase (decrease) in:
Accounts payable	623	(239)
Accrued expenses and other liabilities	(2,390)	4,885
Operating lease liability	(252)	(229)
Net cash provided by (used in) operating activities	87,952	75,970
Investing Activities:
Purchases of property and equipment	(138)	(29)
Payments in connection with asset acquisitions	(162,293)	(10,000)
Proceeds from sale of available-for-sale securities		19,238
Acquisition of in-process research and development	(79,288)
Purchase of equity securities	(13,465)
Net cash provided by (used in) investing activities	(255,184)	9,209
Financing Activities:
Payment of employee withholding tax related to stock-based compensation	(529)	(20)
Proceeds from exercise of stock options	2,099	6,368
Repurchase of common stock		(6,907)
Payment of liabilities arising from asset acquisition	(11,762)
Net cash provided by (used in) financing activities	(10,192)	(559)
Net increase (decrease) in cash and cash equivalents	(177,424)	84,620
Cash and cash equivalents – beginning of period	298,395	171,445
Cash and cash equivalents – end of period	120,971	256,065
Supplemental disclosures of cash flow information:
Cash paid for income taxes	41,663	6,344
Cash paid for interest	650
Non-cash investing and financing activities:
Liabilities arising from asset acquisition	$ 1,915	$ 27,699