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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 672,245 $ 866,394
Marketable debt securities 1,372,574 1,297,890
Marketable equity securities 25,856 28,122
Accounts receivable, net 219,434 237,963
Inventory 131,879 128,962
Prepaid expenses and other current assets 119,030 132,916
Total current assets 2,541,018 2,692,247
Property, plant and equipment, net 523,032 523,494
Operating lease right-of-use assets 215,049 215,136
Restricted investments 49,388 49,390
Other assets 63,453 66,092
Total assets 3,391,940 3,546,359
Current liabilities:    
Accounts payable 62,237 98,094
Accrued expenses 508,599 545,460
Operating lease liability 43,055 41,967
Deferred revenue 35,794 42,105
Liability related to the sale of future royalties 23,706 40,289
Total current liabilities 673,391 767,915
Operating lease liability, net of current portion 259,399 261,339
Deferred revenue, net of current portion 191,257 193,791
Convertible debt 1,017,887 1,016,942
Liability related to the sale of future royalties, net of current portion 1,285,200 1,252,015
Other liabilities 224,046 212,580
Total liabilities 3,651,180 3,704,582
Commitments and contingencies (Note 13)
Stockholders’ deficit:    
Preferred stock, $0.01 par value per share, 5,000 shares authorized and no shares issued and outstanding as of March 31, 2023 and December 31, 2022 0 0
Common stock, $0.01 par value per share, 250,000 shares authorized; 124,241 shares issued and outstanding as of March 31, 2023; 123,925 shares issued and outstanding as of December 31, 2022 1,243 1,240
Additional paid-in capital 6,522,091 6,454,540
Accumulated other comprehensive loss (39,124) (44,654)
Accumulated deficit (6,743,450) (6,569,349)
Total stockholders’ deficit (259,240) (158,223)
Total liabilities and stockholders’ deficit $ 3,391,940 $ 3,546,359