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Balance Sheet Components (Tables)
6 Months Ended
Jun. 30, 2022
Balance Sheet Related Disclosures [Abstract]  
Schedule of Property and Equipment Net

Property and equipment, net consists of the following:

 

 

 

June 30,
2022

 

 

December 31,
2021

 

 

 

(in thousands)

 

Laboratory equipment

 

$

23,122

 

 

$

20,012

 

Computer equipment

 

 

1,918

 

 

 

1,112

 

Furniture and fixtures

 

 

1,583

 

 

 

1,443

 

Leasehold improvements

 

 

8,017

 

 

 

7,834

 

Construction in progress

 

 

67,861

 

 

 

26,925

 

Property and equipment, gross

 

 

102,501

 

 

 

57,326

 

Less accumulated depreciation and amortization

 

 

(17,366

)

 

 

(14,492

)

Total property and equipment, net

 

$

85,135

 

 

$

42,834

 

Schedule of Accrued and Other Liabilities

Accrued and other liabilities consist of the following:

 

 

 

June 30,
2022

 

 

December 31,
2021

 

 

 

(in thousands)

 

Milestone payable

 

$

 

 

$

95,000

 

Accrued income taxes

 

 

157,538

 

 

 

6,217

 

Net profit-sharing amount

 

 

57,196

 

 

 

 

Accrued royalties

 

 

48,276

 

 

 

58,672

 

Research and development expenses

 

 

42,426

 

 

 

28,073

 

Payroll and related expenses

 

 

18,086

 

 

 

29,753

 

Other professional and consulting expenses

 

 

5,642

 

 

 

2,791

 

Operating lease liabilities, current

 

 

4,102

 

 

 

3,927

 

Excess funds payable under grant agreements

 

 

3,039

 

 

 

1,825

 

Other accrued expenses

 

 

17,781

 

 

 

10,254

 

Total accrued and other liabilities

 

$

354,086

 

 

$

236,512