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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 94,688 $ 76,190
Short-term marketable securities 266,643 364,506
Trade receivables, net of allowances 26,508 26,198
Inventory 4,994 4,910
Prepaid expenses and other current assets 9,067 6,697
Total current assets 401,900 478,501
Strategic inventory 13,659 16,247
Operating lease right-of-use asset 1,022 2,509
Property and equipment, net of accumulated depreciation 1,226 1,675
Long-term marketable securities 133,845 36,196
Other assets 4,106 5,000
Deferred tax assets, net 29,641 31,603
Total assets 585,399 571,731
Current liabilities:    
Accounts payable 6,558 10,554
Accrued clinical expenses 12,844 13,704
Accrued and other liabilities 24,309 21,186
Short-term operating lease liability 1,046 2,050
Total current liabilities 44,757 47,494
Long-term operating lease liability 0 501
Long-term accrued income taxes 413 398
Total liabilities 45,170 48,393
Commitments and contingencies
Stockholders’ equity:    
Preferred stock 0 0
Common stock 126 122
Additional paid-in capital 571,377 516,140
Treasury stock (194,304) (75,795)
Accumulated other comprehensive income 115 415
Retained earnings 162,915 82,456
Total stockholders’ equity 540,229 523,338
Total liabilities and stockholders’ equity $ 585,399 $ 571,731