Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2022

Accounting Policies [Abstract]

Summary of Impact of Accounts Receivable Reserves on Gross Trade Accounts Receivable Balances

The following table summarizes the impact of accounts receivable reserves on the gross trade accounts receivable balances as of September 30, 2022 and December 31, 2021:

In thousands	September 30, 2022			December 31, 2021
Gross trade accounts receivable	$	182,829		$	262,948
Trade allowances		(47,656	)		(86,636	)
Chargebacks		(10,849	)		(11,714	)
Allowance for doubtful accounts		(945	)		(945	)
Accounts receivable, net	$	123,379		$	163,653

Calculation of Net Loss and Number of Shares Used to Compute Basic and Diluted Net Loss per Share

The calculation of net loss and the number of shares used to compute basic and diluted net loss per share for the three and nine months ended September 30, 2022 and 2021 are as follows:

	For the Three Months Ended September 30,						For the Nine Months Ended September 30,
In thousands	2022			2021			2022			2021
Net loss—basic and diluted	$	(5,140	)	$	(13,151	)	$	(106,659	)	$	(6,969	)
Weighted average shares outstanding—basic and diluted		404,614			396,618			399,944			395,681
Net loss per share—basic and diluted	$	(0.01	)	$	(0.03	)	$	(0.27	)	$	(0.02	)

Anti-Dilutive Securities Not Included in the Computation of Net Loss per Share

For the three and nine months ended September 30, 2022 and 2021, the following potentially dilutive securities were not included in the computation of net loss per share because the effect would be anti-dilutive or because performance criteria were not yet met for awards contingent upon such measures:

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
In thousands	2022		2021		2022		2021
Stock options		19,040		19,146		19,040		19,146
Restricted stock and restricted stock units		14,663		10,307		14,663		10,307

Estimated Fair Value of Assets and Liability

The following tables present information about the estimated fair value of the Company’s assets and liabilities as of September 30, 2022 and December 31, 2021 and indicate the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value:

	September 30, 2022
In thousands	Total		Level 1		Level 2		Level 3
Asset:
Money Market Fund	$	117,301	$	117,301	$	—	$	—
U.S. Treasury Shares		8,059		8,059		—		—
Corporate Bonds		35,880		—		35,880		—
Commercial Paper		21,519		—		21,519		—
Repo Securities		3,250		—		3,250		—
Asset Backed Securities		2,237		—		2,237		—
Certificate of Deposit		6,297		—		6,297		—
Non-US Government		1,390		—		1,390		—
Total	$	195,933	$	125,360	$	70,573	$	—

	December 31, 2021
In thousands	Total		Level 1		Level 2		Level 3
Asset:
Money Market Fund	$	95,063	$	95,063	$	—	$	—
U.S. Treasury Shares		23,219		23,219		—		—
Corporate Bonds		83,587		—		83,587		—
Commercial Paper		121,773		—		121,773		—
Repo Securities		8,000		—		8,000		—
Asset Backed Securities		8,816		—		8,816		—
Certificate of Deposit		21,553		—		21,553		—
Non-US Government		12,900		—		12,900		—
Total	$	374,911	$	118,282	$	256,629	$	—

Summary of Restructuring Charges

The following table sets forth the components of the Company's restructuring charges for the three and nine months ended September 30, 2022 and 2021:

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
In thousands	2022		2021		2022		2021
Employee restructuring separation charges	$	230	$	14,115	$	9,353	$	14,115
Vendor contract charges		3,263		—		4,353		—
Total restructuring expense		3,493		14,115		13,706		14,115
Restructuring inventory		3,078		—		18,078		—
Stock forfeitures		137		—		591		—
Total restructuring costs incurred	$	6,708	$	14,115	$	32,375	$	14,115

Change in Restructuring Liability

The following table shows the change in restructuring liability which is included within accrued expenses and other current liabilities:

In thousands	Restructuring Liability
Balance at December 31, 2021	$	1,186
Costs incurred		32,375
Payments		(27,614	)
Balance at September 30, 2022	$	5,947