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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 8,616 $ (15,060)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Stock-based compensation 10,313 9,235
Interest on liability for sale of future royalties 8,631  
Loss on extinguishment of debt 7,050  
Depreciation and amortization 3,092 2,276
Write-off of inventory 1,618 3,359
Loss on available-for-sale securities 1,550 (932)
Loss on estimated returns of acquired product 1,444  
Amortization of debt discount and issuance costs 916 941
Amortization of right-of-use assets 647 657
Other, net 49 (152)
Sold portion of royalty revenue (4,824)  
Net accretion of investments (2,109) (77)
(Gain) loss on foreign currency transaction (1,928) 1,205
Changes in operating assets and liabilities:    
Accounts receivable, net (8,890) (10,988)
Inventory 2,174 (6,877)
Prepaid expenses and other current assets (5,294) (5,231)
Other assets (2,209) (20)
Accounts payable (24) 6,075
Accrued expenses and other current liabilities (1,763) 351
Deferred revenue (5,343) 24,320
Recognized loss on purchase commitments (2,690) (4,286)
Operating lease liabilities (546) (1,153)
Net cash provided by operating activities 10,536 3,752
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of held-to-maturity debt securities (187,447) (26,447)
Proceeds from held-to-maturity debt securities 88,814 69,083
Purchase of property and equipment (5,380) (25,180)
Proceeds from insurance claim 396  
Net cash (used in) provided by investing activities (103,617) 17,456
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal and early extinguishment payments on MidCap credit facility (36,617)  
Principal and early extinguishment payments on Mann Group convertible note (8,854)  
Payments for taxes related to net issuance of common stock associated with restricted stock units and stock options (4,667) (8,492)
Proceeds from market price stock purchase plan and employee stock purchase plan 2,320 1,075
Principal payments on financing liability (203) (115)
Principal payments on financing lease liability (3)  
Net cash used in financing activities (48,024) (4,791)
NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (141,105) 16,417
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD 238,480 69,767
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD 97,375 86,184
SUPPLEMENTAL CASH FLOWS DISCLOSURES:    
Interest paid in cash 8,324 4,259
Income taxes paid in cash 1,725  
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Amortization of liability for sale of future royalties 1,589  
Non-cash construction in progress, property and equipment 1,404 1,858
Addition of right-of-use-asset and financing lease liability 226  
Right-of-use asset modification 0 728
Goodwill adjustment for a net reduction in liabilities   497
The Mann Group L L C    
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Interest on Mann Group convertible note 56 109
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Payments of Mann Group principal and interest through common stock issuances $ 3,806 109
At The Market Issuance    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from at-the-market offering   2,782
Issuance costs associated with at-the-market offering   $ (41)