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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 144,049 $ 291,049
Accounts receivable , net 15,490 9,401
Receivables from collaboration arrangement 60,314 54,672
Inventory 49,653 55,897
Prepaid expenses 24,119 29,559
Other current assets 2,821 2,933
Total current assets 296,446 443,511
Property and equipment, net 180 170
Equity Method Investment 54,971 39,154
Equity and long-term investments 400,894 363,859
Capitalized fees paid, net 94,151 97,607
Right-of-use assets 2,973 3,265
Goodwill 27,946 26,713
Intangible assets 248,314 252,919
Other assets 3,893 4,299
Total assets 1,129,768 1,231,497
Current liabilities:    
Accounts payable 5,933 2,939
Accrued personnel-related expenses 4,223 8,022
Accrued interest payable 833 4,359
Deferred revenue 2,094 2,094
Convertible subordinated notes due 2023, net of issuance costs 0 96,193
Income tax payable 154 154
Other accrued liabilities 24,900 21,207
Total current liabilities 38,137 134,968
Long-term debt, net of discount and issuance costs 444,692 444,180
Other long-term liabilities 70,133 70,918
Deferred tax liabilities, net 5,392 5,771
Income tax payable, long-term 9,921 9,872
Commitments and contingencies (Note 12)
Stockholders' equity:    
Preferred stock: $0.01 par value, 230 shares authorized, no shares issued and outstanding 0 0
Common stock: $0.01 par value, 200,000 shares authorized, 65,824 and 69,188 issued and outstanding as of March 31, 2023 and December 31, 2022, respectively 659 692
Treasury stock: at cost, 32,005 shares as of March 31, 2023 and December 31, 2022, respectively (393,829) (393,829)
Additional paid-in capital 1,124,709 1,163,836
Accumulated deficit (170,046) (204,911)
Total stockholders' equity 561,493 565,788
Total liabilities and stockholders' equity $ 1,129,768 $ 1,231,497