XML 17 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 153,256 $ 190,459
Short-term investments 52,055 38,156
Accounts receivable, net 24,992 22,497
Inventory 3,874 4,106
Prepaid expenses 12,207 12,511
Other current assets 29,135 1,528
Restricted cash 1,014 6,349
Total current assets 276,533 275,606
Property and equipment, net 1,544 1,642
Operating lease right-of-use assets 7,518 7,915
Other assets 7,802 19,505
Restricted cash 636 637
Total assets 294,033 305,305
Current liabilities:    
Accounts payable 3,440 1,603
Accrued expenses 58,371 69,121
Operating lease liabilities 2,463 2,316
Other current liabilities 2,063 678
Total current liabilities 66,337 73,718
Convertible senior notes 169,491 169,293
Deferred royalty obligation 132,998 132,998
Operating lease liabilities, net of current portion 8,286 8,969
Total liabilities 377,112 384,978
Stockholders' (deficit) equity:    
Preferred stock, $0.0001 par value; 5,000 shares authorized; none issued and outstanding
Common stock, $0.0001 par value; 200,000 shares authorized; 79,419 and 75,746 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 8 8
Additional paid-in capital 1,136,873 1,098,776
Accumulated other comprehensive income 87 191
Accumulated deficit (1,220,047) (1,178,648)
Total stockholders' deficit (83,079) (79,673)
Total liabilities and stockholders' (deficit) equity $ 294,033 $ 305,305