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Consolidated Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 186,964,000 $ 644,588,000
Restricted cash 3,915,000 3,907,000
Short-term investments 313,969,000  
Accounts receivable, net 154,574,000 116,430,000
Inventory 188,864,000 76,769,000
Prepaid and other current assets 30,947,000 13,311,000
Total current assets 879,233,000 855,005,000
Property, plant and equipment, net 2,016,000 2,361,000
Long-term investments 62,469,000  
Operating lease right-of-use asset 8,054,000 8,511,000
Other long-term assets 432,000 1,074,000
Intangible asset, net 13,817,000 15,258,000
TOTAL ASSETS 966,021,000 882,209,000
Current Liabilities:    
Accounts payable 105,876,000 49,950,000
Accrued expenses and other current liabilities 198,641,000 139,826,000
Debt from royalty-bearing instrument 0 50,130,000
Current deferred revenue 2,926,000 2,342,000
Total current liabilities 307,443,000 242,248,000
Long-Term Liabilities:    
Long-term deferred revenue 15,706,000 18,504,000
Long-term operating lease liability 9,153,000 9,443,000
Other long-term liabilities 6,214,000 3,751,000
Total liabilities 338,516,000 273,946,000
Commitments and contingencies (Note 8)
Stockholders’ Equity:    
Series A Convertible Preferred Stock, £0.05 par, unlimited authorized; nil shares issued and nil outstanding at December 31, 2020 and 289,317,460 shares issued and outstanding at December 31, 2019 (equivalent to 28,931,746 ordinary shares upon future consolidation and redesignation at a 10:1 ratio)   21,850,000
Common stock, £0.50 par, unlimited authorized; 398,425,000 issued, 392,538,081 outstanding at December 31, 2020; 365,014,893 issued, 360,103,901 outstanding at December 31, 2019 290,115,000 269,173,000
Additional paid-in capital 1,817,649,000 1,764,317,000
Treasury stock; 5,886,919 shares at December 31, 2020; 4,910,992 shares at December 31, 2019 (51,082,000) (35,900,000)
Accumulated deficit (1,429,177,000) (1,411,177,000)
Total stockholders’ equity 627,505,000 608,263,000
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 966,021,000 $ 882,209,000