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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 105,758 $ 25,218
Short-term investments 440,629 708,737
Accounts receivable 11,532 22,492
Inventory 19,057 15,801
Other current assets 22,507 23,333
Total current assets 599,483 795,581
Long-term investments 0 64,828
Property, plant and equipment, net 36,803 60,510
Operating lease right-of-use assets 65,896 117,025
Goodwill 76,501 76,501
Other assets 2,323 2,744
Total assets 781,006 1,117,189
Current liabilities:    
Accounts payable 5,329 9,747
Accrued compensation 24,392 15,735
Accrued clinical trial expenses 20,461 26,809
Other accrued expenses 15,299 15,468
Operating lease liabilities, current portion 18,508 17,441
Total current liabilities 83,989 85,200
Operating lease liabilities, less current portion 116,145 125,736
Development derivative liability 0 27,726
Liabilities related to the sales of future royalties, net 165,595 195,427
Other long-term liabilities 3,054 3,592
Total liabilities 368,783 437,681
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 10,000 shares authorized; no shares designated or outstanding at September 30, 2022 or December 31, 2021, respectively 0 0
Common stock, $0.0001 par value; 300,000 shares authorized; 187,954 shares and 185,468 shares outstanding at September 30, 2022 and December 31, 2021, respectively 19 19
Capital in excess of par value 3,561,878 3,516,641
Accumulated other comprehensive loss (8,169) (4,157)
Accumulated deficit (3,141,505) (2,832,995)
Total stockholders’ equity 412,223 679,508
Total liabilities and stockholders’ equity $ 781,006 $ 1,117,189