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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 232,995 $ 217,666
Restricted cash 524 523
Short-term investments 79,919 91,695
Accounts receivable, net 122,730 130,990
Inventory 227,021 228,732
Prepaid and other current assets 43,306 19,492
Total current assets 706,495 689,098
Property, plant and equipment, net 179 874
Long-term investments 67 1,275
Long-term inventory 122,318 163,620
Operating lease right-of-use asset 8,978 9,074
Other long-term assets 1,604 458
Intangible asset, net 20,377 21,780
TOTAL ASSETS 860,018 886,179
Current Liabilities:    
Accounts payable 54,309 64,602
Accrued expenses and other current liabilities 214,598 192,678
Current deferred revenue 2,025 2,199
Total current liabilities 270,932 259,479
Long-Term Liabilities:    
Long-term deferred revenue 3,331 13,147
Long-term operating lease liability 9,472 10,015
Other long-term liabilities 7,155 8,205
Total liabilities 290,890 290,846
Commitments and contingencies (Note 5)
Stockholders’ Equity:    
Common stock, GBP 0.50 par, unlimited authorized; 417,092,401 shares issued, 408,133,807 shares outstanding as of June 30, 2023 ; 412,333,087 shares issued, 404,346,256 shares outstanding as of December 31, 2022 301,906 299,002
Additional paid-in capital 1,891,957 1,885,352
Treasury stock; 8,958,594 shares as of June 30, 2023; 7,986,831 shares as of December 31, 2022 (63,464) (61,770)
Accumulated deficit (1,561,271) (1,527,251)
Total stockholders’ equity 569,128 595,333
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 860,018 $ 886,179