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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 317,296 $ 311,660
Investments, short-term 29,614 41,800
Trade receivables, net 83,157 74,140
Inventory, net 5,643 5,363
Prepaid expenses 16,127 12,570
Other current assets 6,507 5,537
Total current assets 458,344 451,070
NONCURRENT ASSETS:    
Property and equipment, net 754 371
Restricted cash 270 270
Investments, long-term 87,178 72,169
Intangible assets, net 125,186 137,108
Deferred tax asset 180,186 144,162
Other noncurrent assets 6,465 6,298
Total noncurrent assets 400,039 360,378
TOTAL ASSETS 858,383 811,448
CURRENT LIABILITIES:    
Trade payables 22,683 17,730
Accrued compensation 9,641 23,747
Accrued expenses 91,644 99,494
Current portion of long-term debt 15,000 15,000
Other current liabilities 7,614 7,810
Total current liabilities 146,582 163,781
NONCURRENT LIABILITIES:    
Long-term debt, net 171,422 178,566
Other noncurrent liabilities 1,796 2,109
Total noncurrent liabilities 173,218 180,675
TOTAL LIABILITIES 319,800 344,456
COMMITMENTS AND CONTINGENCIES (Note 13)
STOCKHOLDERS' EQUITY:    
Common stock-$0.00001 par value; 500,000,000 shares authorized at June 30, 2024 and December 31, 2023, respectively; 56,833,771 and 56,769,081 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 1 1
Additional paid in capital 632,168 610,266
Accumulated other comprehensive (loss) income (234) 2
Accumulated deficit (93,352) (143,277)
TOTAL STOCKHOLDERS' EQUITY 538,583 466,992
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 858,383 $ 811,448