XML 46 R31.htm IDEA: XBRL DOCUMENT v3.23.2
ACCRUED EXPENSES (Tables)
6 Months Ended
Jun. 30, 2023
Payables and Accruals [Abstract]  
Summary of Accrued Expenses

The following table summarizes the Company’s accrued expenses for each of the periods indicated:

 

 

As of
June 30,
2023

 

 

As of
December 31,
2022

 

 

 

(in thousands)

 

Accrued contract manufacturing costs

 

$

82,734

 

 

$

202,173

 

Product revenue related reserves

 

 

80,424

 

 

 

68,784

 

Accrued employee compensation costs

 

 

44,906

 

 

 

65,946

 

Accrued clinical and pre-clinical costs

 

 

39,786

 

 

 

28,884

 

Accrued income taxes

 

 

20,815

 

 

 

12,521

 

Accrued professional fees

 

 

19,984

 

 

 

12,061

 

Accrued milestone and license costs

 

 

11,200

 

 

 

7,702

 

Accrued royalties

 

 

8,583

 

 

 

8,636

 

Accrued fixed assets

 

 

6,027

 

 

 

984

 

Accrued research costs

 

 

2,627

 

 

 

1,629

 

Other

 

 

9,791

 

 

 

9,676

 

Total accrued expenses

 

$

326,877

 

 

$

418,996