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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 217,666 $ 219,454
Restricted cash 523 3,918
Short-term investments 91,695 234,674
Accounts receivable, net 130,990 163,653
Inventory 228,732 234,676
Prepaid and other current assets 19,492 22,352
Total current assets 689,098 878,727
Property, plant and equipment, net 874 1,425
Long-term investments 1,275 34,996
Long-term inventory 163,620 121,254
Operating lease right-of-use asset 9,074 7,660
Other long-term assets 458 456
Intangible asset, net 21,780 23,547
TOTAL ASSETS 886,179 1,068,065
Current Liabilities:    
Accounts payable 64,602 114,922
Accrued expenses and other current liabilities 192,678 253,111
Current deferred revenue 2,199 2,649
Total current liabilities 259,479 370,682
Long-Term Liabilities:    
Long-term deferred revenue 13,147 14,060
Long-term operating lease liability 10,015 8,576
Other long-term liabilities 8,205 7,648
Total liabilities 290,846 400,966
Commitments and contingencies (Note 7)
Stockholders’ Equity:    
Common stock, GBP 0.50 par, unlimited authorized; 412,333,087 shares issued, 404,346,256 shares outstanding at December 31, 2022; 404,084,775 shares issued, 396,598,008 shares outstanding at December 31, 2021 299,002 294,027
Additional paid-in capital 1,885,352 1,855,246
Treasury stock; 7,986,831 shares at December 31, 2022; 7,486,767 shares at December 31, 2021 (61,770) (60,726)
Accumulated deficit (1,527,251) (1,421,448)
Total stockholders’ equity 595,333 667,099
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 886,179 $ 1,068,065