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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 74,882 $ 46,339
Short-term investments 96,464 150,917
Accounts receivable, net 38,367 11,804
Inventory 35,313 27,886
Prepaid expenses and other current assets 46,553 31,360
Total current assets 291,579 268,306
Restricted cash 745 737
Long-term investments 5,012 5,482
Property and equipment, net 82,423 85,365
Goodwill 67,595 1,931
Developed technology - on-body infusor 190,027  
IPR&D - ReadyFlow Formulation 129,600  
Other intangible assets 5,072 5,265
Other assets 20,129 26,757
Total assets 792,182 393,843
Current liabilities:    
Accounts payable 9,034 6,792
Accrued expenses and other current liabilities 64,628 40,293
Senior convertible notes - current 36,280  
Liability for sale of future royalties - current 14,298 12,283
Contingent consideration - current 21,132  
Financing liability - current 10,328 10,062
Deferred revenue - current 15,331 12,407
Total current liabilities 171,031 81,837
Liability for sale of future royalties - long term 136,985 137,362
Financing liability - long term 93,092 93,877
Deferred revenue — long term 39,977 51,160
Recognized loss on purchase commitments — long term 65,952 58,204
Operating lease liability 10,689 11,645
Contingent consideration -long term 5,114  
Milestone liabilities 2,003 2,523
Term loan 318,361  
Senior convertible notes   36,051
Total liabilities 843,204 472,659
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 December 31, 2025 or December 31,2024
Common stock, $0.01 par value - 800,000,000 shares authorized; 307,832,587 and 302,959,782 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively 3,078 3,029
Additional paid-in capital 3,141,741 3,118,865
Accumulated other comprehensive income 115 1,109
Accumulated deficit (3,195,956) (3,201,819)
Total stockholders' deficit (51,022) (78,816)
Total liabilities and stockholders' deficit $ 792,182 $ 393,843