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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 348,889 $ 399,266
Short-term investments 1,857,327 1,931,935
Contracts receivable 5,140 97,778
Inventories 30,259 28,425
Other current assets 174,060 184,449
Total current assets 2,415,675 2,641,853
Property, plant and equipment, net 72,795 71,043
Right-of-use assets 169,431 171,896
Deposits and other assets 106,027 105,280
Total assets 2,763,928 2,990,072
Current liabilities:    
Accounts payable 13,082 26,027
Accrued compensation 21,537 67,727
Accrued liabilities 106,048 147,894
Income taxes payable 2,210 2,151
0.125 percent convertible senior notes, net 44,377 44,332
Current portion of deferred contract revenue 130,406 151,128
Other current liabilities 9,988 8,831
Total current liabilities 327,648 448,090
Long-term deferred contract revenue 215,088 241,184
Liability related to sale of future royalties, net 525,072 513,736
Long-term lease liabilities 168,674 170,875
Long-term obligations 41,800 41,836
Total liabilities 2,467,413 2,603,386
Stockholders' equity:    
Common stock, $0.001 par value; 300,000,000 shares authorized, 145,844,719 and 144,340,526 shares issued and outstanding at March 31, 2024 (unaudited) and December 31, 2023, respectively 146 144
Additional paid-in capital 2,270,047 2,215,098
Accumulated other comprehensive loss (34,964) (32,645)
Accumulated deficit (1,938,714) (1,795,911)
Total stockholders' equity 296,515 386,686
Total liabilities and stockholders' equity 2,763,928 2,990,072
1.75 Percent Convertible Senior Notes [Member]    
Current liabilities:    
Convertible senior notes, net 562,964 562,285
0 Percent Convertible Senior Notes [Member]    
Current liabilities:    
Convertible senior notes, net $ 626,167 $ 625,380