XML 15 R3.htm IDEA: XBRL DOCUMENT v3.22.4
Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 124,775 $ 208,892
Short-term investments 42,086 50,441
Accounts receivable 33,729 22,934
Inventories, net 35,201 34,394
Prepaid clinical development costs 1,026 1,138
Other prepaid and current assets 9,866 11,173
Total current assets 246,683 328,972
Restricted cash 0 50,000
Property and equipment, net 164 664
Right of use operating lease assets 1,036 1,898
Intangible assets 56 56
Total assets 247,939 381,590
Current liabilities:    
Accounts payable 23,040 17,559
Accrued clinical development costs 5,426 7,013
Other accrued liabilities 35,191 30,410
Revenue interest liability 24,760 11,295
Deferred revenue from collaborations 3,507 5,683
Operating lease liabilities 384 1,392
Total current liabilities 92,308 73,352
Convertible notes, net of issuance costs 259,899 258,280
Revenue interest liability 218,845 245,744
Operating lease liabilities 665 524
Deferred revenue from collaborations 0 634
Total liabilities 571,717 578,534
Commitments and contingencies (Note 5)
Stockholders’ (deficit) equity:    
Preferred stock, $0.001 par value; 5,000,000 shares authorized and no shares issued or outstanding as of December 31, 2022 and December 31, 2021 0 0
Common stock, $0.001 par value; 240,000,000 shares authorized as of December 31, 2022 and 120,000,000 shares authorized as of December 31, 2021; 76,564,396 shares issued at December 31, 2022 and 62,873,694 shares issued at December 31, 2021 75 61
Additional paid-in capital 1,071,183 964,401
Treasury stock, at cost; 1,994,198 shares at December 31, 2022 and December 31, 2021 (54,998) (54,998)
Accumulated other comprehensive loss (2) (31)
Accumulated deficit (1,340,036) (1,106,377)
Total stockholders' deficit (323,778) (196,944)
Total liabilities and stockholders' deficit $ 247,939 $ 381,590