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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 233,245 $ 286,326
Short-term investments 45,126 0
Accounts receivable 60,430 67,968
Inventory 20,438 22,312
Prepaid expenses and other current assets 8,590 10,935
Total current assets 367,829 387,541
Restricted cash 250 0
Long-term investments 17,075 0
Property and equipment, net 1,101 706
Operating lease right-of-use assets 8,759 1,284
Intangible assets, net 261,768 252,925
Other assets 3,972 4,165
Total assets 660,754 646,621
Current liabilities:    
Accounts payable 9,842 7,416
Accrued expenses 101,394 78,544
Operating lease liabilities, current 1,072 1,104
Total current liabilities 112,308 87,064
Operating lease liabilities, noncurrent 8,244 617
Convertible notes payable, net 307,242 306,421
Other liabilities 3,972 3,849
Total liabilities 431,766 397,951
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized, and no shares issued and outstanding as of June 30, 2024 and December 31, 2023 0 0
Common stock, $0.0001 par value; 200,000,000 shares authorized; 47,571,847 and 46,723,143 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 5 5
Additional paid-in capital 835,616 803,260
Accumulated deficit (606,156) (556,239)
Accumulated other comprehensive (loss) income (477) 1,644
Total stockholders’ equity 228,988 248,670
Total liabilities and stockholders’ equity $ 660,754 $ 646,621