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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 122,802 $ 121,038
Restricted cash 301 300
Short-term investments 163,785 173,182
Accounts receivable, net 127,309 122,279
Inventory 184,703 166,048
Prepaid and other current assets 29,434 12,552
Total current assets 628,334 595,399
Property, plant and equipment, net 13 16
Long-term inventory 9,106 64,740
Operating lease right-of-use asset 7,186 7,592
Other long-term assets 1,109 1,213
Intangible asset, net 14,066 16,389
TOTAL ASSETS 659,814 685,349
Current Liabilities:    
Accounts payable 36,712 40,366
Accrued expenses and other current liabilities 145,521 139,583
Total current liabilities 182,233 179,949
Long-Term Liabilities:    
Long-term operating lease liability 6,731 7,723
Other long-term liabilities 11,956 11,501
Total liabilities 200,920 199,173
Commitments and contingencies (Note 5)
Stockholders’ Equity:    
Ordinary Shares, GBP 0.50 par value per share, unlimited authorized; 429,597,419 shares issued, 415,965,977 shares outstanding as of September 30, 2025; 422,256,900 shares issued, 411,584,851 shares outstanding as of December 31, 2024 310,019 305,298
Additional paid-in capital 1,922,351 1,914,750
Treasury stock; 13,631,442 shares as of September 30, 2025: 10,672,049 shares as of December 31, 2024 (67,356) (65,326)
Accumulated deficit (1,706,120) (1,668,546)
Total stockholders’ equity 458,894 486,176
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 659,814 $ 685,349