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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 219,151 $ 219,454
Restricted cash 3,918 3,918
Short-term investments 143,406 234,674
Accounts receivable, net 110,234 163,653
Inventory 267,818 234,676
Prepaid and other current assets 28,092 22,352
Total current assets 772,619 878,727
Property, plant and equipment, net 1,281 1,425
Long-term investments 26,701 34,996
Long-term inventory 141,052 121,254
Operating lease right-of-use asset 8,689 7,660
Other long-term assets 456 456
Intangible asset, net 22,911 23,547
TOTAL ASSETS 973,709 1,068,065
Current Liabilities:    
Accounts payable 90,753 114,922
Accrued expenses and other current liabilities 207,622 253,111
Current deferred revenue 2,198 2,649
Total current liabilities 300,573 370,682
Long-Term Liabilities:    
Long-term deferred revenue 14,139 14,060
Long-term operating lease liability 10,398 8,576
Other long-term liabilities 7,490 7,648
Total liabilities 332,600 400,966
Commitments and contingencies (Note 5)
Stockholders’ Equity:    
Common stock, GBP 0.50 par, unlimited authorized; 404,588,758 shares issued, 396,940,908 shares outstanding as of March 31, 2022; 404,084,775 shares issued, 396,598,008 shares outstanding as of December 31, 2021 294,364 294,027
Additional paid-in capital 1,861,017 1,855,246
Treasury stock; 7,647,850 shares as of March 31, 2022; 7,486,767 shares as of December 31, 2021 (61,261) (60,726)
Accumulated deficit (1,453,011) (1,421,448)
Total stockholders’ equity 641,109 667,099
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 973,709 $ 1,068,065