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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,103,010 $ 428,430
Short-term investments 251,782 1,247,820
Accounts receivable, net 601,988 400,327
Inventory 749,960 322,859
Manufacturing-related deposits and prepaids 276,262 102,181
Other current assets 90,461 77,714
Total current assets 3,073,463 2,579,331
Property and equipment, net 340,336 227,154
Right of use assets 148,310 129,952
Non-current inventory 187,986 191,368
Non-current investments 133,163 0
Other non-current assets 79,915 136,771
Total assets 3,963,173 3,264,576
Current liabilities:    
Accounts payable 214,442 164,918
Accrued expenses 373,513 314,997
Deferred revenue, current portion 130,256 50,416
Current portion of long-term debt 0 105,483
Other current liabilities 13,473 17,845
Total current liabilities 731,684 653,659
Long-term debt 1,137,124 1,132,515
Lease liabilities, net of current portion 192,473 140,965
Deferred revenue, net of current portion 325,000 437,000
Contingent consideration 47,400 38,100
Other non-current liabilities 1,750 3,000
Total liabilities 2,435,431 2,405,239
Commitments and contingencies (Note 22)
Stockholders’ equity:    
Preferred stock, $0.0001 par value, 3,333,333 shares authorized; none issued and outstanding 0 0
Common stock, $0.0001 par value, 198,000,000 shares authorized; 96,900,496 and 93,731,831 issued and outstanding at December 31, 2024 and 2023, respectively 10 9
Additional paid-in capital 5,738,924 5,304,623
Accumulated other comprehensive (loss) income, net of tax (218) 918
Accumulated deficit (4,210,974) (4,446,213)
Total stockholders’ equity 1,527,742 859,337
Total liabilities and stockholders’ equity $ 3,963,173 $ 3,264,576