CONDENSED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	$ 90,045	$ 64,932
Short-term investments	148,407	185,168
Accounts receivable	62,553	57,705
Inventory	22,275	21,173
Prepaid commercial manufacturing	12,740	16,378
Prepaid expenses and other current assets	15,549	11,096
Total current assets	351,569	356,452
Property and equipment, net	2,143	1,495
Inventory, non-current	100,984	70,011
Right-of-use assets	5,006	2,380
Other assets	7,068	5,416
Total assets	466,770	435,754
Current liabilities
Accounts payable	21,685	16,000
Accrued compensation and benefits	11,814	14,940
Current portion of operating lease liability	1,182	1,562
Deferred revenue	6,280	10,686
Accrued expenses and other current liabilities	40,761	34,642
Total current liabilities	81,722	77,830
Operating lease liability, net of current portion	4,015	1,023
Long-term debt	201,446	150,853
Deferred revenue, non-current	12,295	7,232
Deferred royalty obligation related to the sale of future royalties	27,761	25,527
Total liabilities	327,239	262,465
Commitments and contingencies
Stockholders’ equity
Common stock, $0.0001 par value; 500,000,000 shares authorized; 240,765,516 and 238,015,825 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively	24	24
Additional paid-in capital	1,085,108	1,058,548
Accumulated deficit	(945,563)	(885,340)
Accumulated other comprehensive (loss) income	(38)	57
Total stockholders’ equity	139,531	173,289
Total liabilities and stockholders’ equity	$ 466,770	$ 435,754