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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 96,643 $ 238,480
Short-term investments 151,118 56,619
Accounts receivable, net 23,346 14,901
Inventory 24,753 28,545
Prepaid expenses and other current assets 30,080 34,848
Total current assets 325,940 373,393
Restricted cash 732  
Long-term investments 13,398 7,155
Property and equipment, net 85,144 84,220
Goodwill 1,931 1,931
Other intangible asset 1,033 1,073
Other assets 15,658 7,426
Total assets 443,836 475,198
Current liabilities:    
Accounts payable 9,556 9,580
Accrued expenses and other current liabilities 40,952 42,036
Liability for sale of future royalties - current 12,149 9,756
Financing liability - current 9,935 9,809
Deferred revenue — current 7,420 9,085
Recognized loss on purchase commitments — current   3,859
Midcap credit facility - current   20,000
Total current liabilities 80,012 104,125
Senior convertible notes 227,577 226,851
Liability for sale of future royalties - long term 135,365 136,054
Financing liability - long term 94,094 94,319
Deferred revenue — long term 66,116 69,794
Recognized loss on purchase commitments — long term 60,183 60,942
Operating lease liability 3,272 3,925
Financing lease liability 184  
Milestone liabilities 2,813 3,452
Mann Group convertible note   8,829
Accrued interest - Mann Group convertible note   56
Midcap credit facility - long term   13,019
Total liabilities 669,616 721,366
Commitments and contingencies (Note 14)
Stockholders' deficit:    
Undesignated preferred stock, $0.01 par value -- 10,000,000 shares authorized; no shares issued or outstanding as of June 30, 2024 or December 31, 2023
Common stock, $0.01 par value -- 800,000,000 shares authorized; 274,467,247 and 270,034,495 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 2,740 2,700
Additional paid-in capital 2,992,271 2,980,539
Accumulated deficit (3,220,791) (3,229,407)
Total stockholders' deficit (225,780) (246,168)
Total liabilities and stockholders' deficit $ 443,836 $ 475,198