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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 80,894 $ 135,188
Investments 155,871 142,779
Accounts receivable, net 32,280 47,086
Inventory 3,672 4,224
Prepaid expenses and other current assets 18,097 19,821
Restricted cash 567 1,064
Total current assets 291,381 350,162
Property and equipment, net 766 1,139
Operating lease right-of-use assets 5,296 6,238
Restricted cash 387 633
Total assets 297,830 358,172
Current liabilities:    
Accounts payable 2,287 2,773
Accrued expenses 51,808 58,415
Operating lease liabilities 3,084 2,872
Other current liabilities 1,749 1,848
Total current liabilities 58,928 65,908
Convertible senior notes 170,497 170,105
Deferred royalty obligation 132,718 132,718
Operating lease liabilities, net of current portion 4,500 6,097
Other liabilities 2,435 0
Total liabilities 369,078 374,828
Stockholders' deficit    
Preferred stock, $0.0001 par value; 5,000 shares authorized; none issued and outstanding 0 0
Common stock, $0.0001 par value; 400,000 shares authorized, 114,340 shares issued and outstanding at June 30 2023; 200,000 shares authorized; 113,213 shares issued and outstanding at December 31,2022 12 12
Additional paid-in capital 1,340,218 1,327,909
Accumulated other comprehensive loss (783) (638)
Accumulated deficit (1,410,695) (1,343,939)
Total stockholders' deficit (71,248) (16,656)
Total liabilities and stockholders' deficit $ 297,830 $ 358,172