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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 293,993 $ 399,266
Short-term investments 1,784,693 1,931,935
Contracts receivable 27,259 97,778
Inventories 28,723 28,425
Other current assets 194,715 184,449
Total current assets 2,329,383 2,641,853
Property, plant and equipment, net 75,902 71,043
Right-of-use assets 166,939 171,896
Deposits and other assets 118,904 105,280
Total assets 2,691,128 2,990,072
Current liabilities:    
Accounts payable 9,243 26,027
Accrued compensation 35,018 67,727
Accrued liabilities 114,330 147,894
Income taxes payable 284 2,151
0.125 percent convertible senior notes, net 44,422 44,332
Current portion of deferred contract revenue 94,066 151,128
Other current liabilities 8,799 8,831
Total current liabilities 306,162 448,090
Long-term deferred contract revenue 188,701 241,184
Liability related to sale of future royalties, net 533,754 513,736
Long-term lease liabilities 166,438 170,875
Long-term obligations 41,773 41,836
Total liabilities 2,427,430 2,603,386
Stockholders' equity:    
Common stock, $0.001 par value; 300,000,000 shares authorized, 146,025,246 and 144,340,526 shares issued and outstanding at June 30, 2024 (unaudited) and December 31, 2023, respectively 146 144
Additional paid-in capital 2,303,369 2,215,098
Accumulated other comprehensive loss (34,838) (32,645)
Accumulated deficit (2,004,979) (1,795,911)
Total stockholders' equity 263,698 386,686
Total liabilities and stockholders' equity 2,691,128 2,990,072
1.75 Percent Convertible Senior Notes [Member]    
Current liabilities:    
Convertible senior notes, net 563,647 562,285
0 Percent Convertible Senior Notes [Member]    
Current liabilities:    
Convertible senior notes, net $ 626,955 $ 625,380