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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 52,231 $ 135,188
Investments 139,212 142,779
Accounts receivable,net 26,962 47,086
Inventory 3,043 4,224
Prepaid expenses and other current assets 11,813 19,821
Restricted cash 660 1,064
Total current assets 233,921 350,162
Property and equipment, net 606 1,139
Operating lease right-of-use assets 4,276 6,238
Restricted cash 301 633
Other assets 1,334 0
Total assets 240,438 358,172
Current liabilities:    
Accounts payable 3,123 2,773
Accrued expenses 61,394 58,415
Operating lease liabilities 3,308 2,872
Other current liabilities 1,654 1,848
Total current liabilities 69,479 65,908
Convertible senior notes 170,919 170,105
Deferred royalty obligation 132,479 132,718
Operating lease liabilities, net of current portion 2,789 6,097
Other liabilities 978 0
Total liabilities 376,644 374,828
Stockholders' deficit    
Preferred stock, $0.0001 par value; 5,000 shares authorized; none issued and outstanding 0 0
Common stock, $0.0001 par value; 4000,000 shares authorized; 114,915 shares issued and outstanding at December 31, 2023; 200,000 shares authorized; 113,213 shares issued and outstanding at December 31, 2022 12 12
Additional paid-in capital 1,350,981 1,327,909
Accumulated other comprehensive loss (161) (638)
Accumulated deficit (1,487,038) (1,343,939)
Total stockholders' deficit (136,206) (16,656)
Total liabilities and stockholders' deficit $ 240,438 $ 358,172