XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.1
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 287,962 $ 243,784
Investments, short-term 55,916 79,331
Trade receivables, net 52,575 54,740
Inventory, net 4,090 4,297
Prepaid expenses 11,399 9,347
Other current assets 6,145 8,786
Total current assets 418,087 400,285
NONCURRENT ASSETS:    
Property and equipment, net 470 573
Restricted cash 750 750
Investments, long-term 48,538 22,568
Intangible assets, net 154,992 160,953
Deferred tax asset 89,385 85,943
Other noncurrent assets 2,870 2,798
Total noncurrent assets 297,005 273,585
TOTAL ASSETS 715,092 673,870
CURRENT LIABILITIES:    
Trade payables 6,414 3,786
Accrued compensation 5,691 11,532
Accrued expenses 56,810 59,942
Current portion of long-term debt 6,500 2,000
Other current liabilities 9,948 1,624
Total current liabilities 85,363 78,884
NONCURRENT LIABILITIES:    
Long-term debt, net 185,063 189,647
Other noncurrent liabilities 1,625 2,501
Total noncurrent liabilities 186,688 192,148
TOTAL LIABILITIES 272,051 271,032
COMMITMENTS AND CONTINGENCIES (Note 12)
STOCKHOLDERS' EQUITY:    
Common stock-$0.00001 par value; 500,000,000 shares authorized at March 31, 2023 and December 31, 2022, respectively; 59,954,618 shares and 59,615,731 issued and outstanding at March 31, 2023 and December 31, 2022, respectively 1 1
Additional paid in capital 685,716 675,118
Accumulated other comprehensive income (loss) (31) (151)
Accumulated deficit (242,645) (272,130)
TOTAL STOCKHOLDERS' EQUITY 443,041 402,838
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 715,092 $ 673,870