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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 62,373 $ 238,480
Short-term investments 189,215 56,619
Accounts receivable, net 18,184 14,901
Inventory 26,663 28,545
Prepaid expenses and other current assets 31,229 34,848
Total current assets 327,664 373,393
Restricted cash 735  
Long-term investments 16,796 7,155
Property and equipment, net 85,339 84,220
Goodwill 1,931 1,931
Other intangible assets 5,313 1,073
Other assets 26,422 7,426
Total assets 464,200 475,198
Current liabilities:    
Accounts payable 6,444 9,580
Accrued expenses and other current liabilities 37,386 42,036
Liability for sale of future royalties - current 11,755 9,756
Financing liability - current 9,998 9,809
Deferred revenue — current 6,518 9,085
Recognized loss on purchase commitments — current   3,859
Midcap credit facility - current   20,000
Total current liabilities 72,101 104,125
Senior convertible notes 227,941 226,851
Liability for sale of future royalties - long term 137,140 136,054
Financing liability - long term 94,005 94,319
Deferred revenue — long term 65,150 69,794
Recognized loss on purchase commitments — long term 62,638 60,942
Operating lease liability 12,167 3,925
Milestone liabilities 2,813 3,452
Financing lease liability 171  
Mann Group convertible note   8,829
Accrued interest - Mann Group convertible note   56
Midcap credit facility - long term   13,019
Total liabilities 674,126 721,366
Commitments and contingencies (Note 15)
Stockholders' deficit:    
Undesignated preferred stock, $0.01 par value -- 10,000,000 shares authorized; no shares issued or outstanding as of September 30, 2024 or December 31, 2023
Common stock, $0.01 par value -- 800,000,000 shares authorized; 275,775,038 and 270,034,495 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively 2,753 2,700
Additional paid-in capital 2,995,974 2,980,539
Accumulated other comprehensive income 588  
Accumulated deficit (3,209,241) (3,229,407)
Total stockholders' deficit (209,926) (246,168)
Total liabilities and stockholders' deficit $ 464,200 $ 475,198