OTHER ASSETS

12 Months Ended

Dec. 31, 2024

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

9. OTHER ASSETS

The following table summarizes the Company’s other current assets for each of the periods indicated:


	As of December 31,
	2024		2023
	(in thousands)
Collaboration and other receivables	$	34,608	$	29,786
Prepaid maintenance services		13,407		11,281
Tax-related receivables and prepaids		13,132		6,862
Prepaid clinical and pre-clinical expenses		10,220		10,280
Prepaid insurance		3,668		3,352
Prepaid commercial expenses		3,371		2,729
Prepaid employee benefits		2,841		946
Other		9,214		12,478
Total other current assets	$	90,461	$	77,714

The following table summarizes the Company’s other non-current assets for each of the periods indicated:


	As of December 31,
	2024		2023
	(in thousands)
Intangible assets, net	$	26,887	$	29,620
Manufacturing-related deposits and prepaids		25,964		74,204
Restricted cash*		15,579		15,579
Prepaid maintenance services		4,381		5,466
Strategic investments		3,710		6,527
Other		3,394		5,375
Total other non-current assets	$	79,915	$	136,771

* The Company had approximately $15.6 million in restricted cash included in other non-current assets on the Company's consolidated balance sheets as of December 31, 2024 and 2023. Restricted cash for both years relates to (i) letters of credit established under the Company's various property leases that serve as security for potential future default of lease payments, (ii) a letter of credit established under a certain commercial supply agreement and (iii) collateralized cash for the Company's credit cards. The restricted cash is unavailable for withdrawal or use for general obligations.