XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Jun. 30, 2021
Current assets:      
Cash and cash equivalents $ 604,489 $ 640,192 $ 270,764
Marketable securities 248,307 60,358  
Accounts receivable 7,518 10,103  
Inventory 48,451 16,286  
Prepaid assets 21,478 24,868  
Restricted cash 1,266 1,563  
Other current assets 28,460 70,677  
Total current assets 959,969 824,047  
Non-current assets:      
Right-of-use assets 20,755 19,901  
Property and equipment, net 5,892 6,177  
Other assets 15,882 31,640  
Total assets 1,002,498 881,765  
Current liabilities:      
Accounts payable 16,220 16,909  
Accrued expenses 89,419 103,239  
Current portion of development liability 15,842 7,584  
Current portion of right-of-use liabilities 5,312 4,115  
Total current liabilities 126,793 131,847  
Long-term liabilities:      
Long-term development liability 333,729 345,151  
Convertible senior notes 189,313 189,024  
Right-of-use liabilities 16,676 17,081  
Other liabilities 1,569    
Total liabilities 668,080 683,103  
Commitments and contingencies (Note 14)  
Stockholders' equity:      
Preferred stock, $0.0001 par value; 10,000 shares authorized, and zero shares issued and outstanding at June 30, 2022 and December 31, 2021 0 0  
Common stock, $0.0001 par value; 200,000 shares authorized at June 30, 2022 and December 31, 2021; 106,841 shares issued and outstanding at June 30, 2022, and 97,524 shares issued and outstanding at December 31, 2021 11 10  
Additional paid-in capital 2,289,201 1,857,430  
Accumulated other comprehensive loss (3,194) (2,090)  
Accumulated deficit (1,951,600) (1,656,688)  
Total stockholders' equity 334,418 198,662 $ (141,493)
Total liabilities and stockholders' equity $ 1,002,498 $ 881,765