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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 25,218 $ 198,955
Short-term investments 708,737 862,941
Accounts receivable 22,492 38,889
Inventory 15,801 15,292
Other current assets 23,333 21,928
Total current assets 795,581 1,138,005
Long-term investments 64,828 136,662
Property, plant and equipment, net 60,510 59,662
Operating lease right-of-use assets 117,025 126,476
Goodwill 76,501 76,501
Other assets 2,744 1,461
Total assets 1,117,189 1,538,767
Current liabilities:    
Accounts payable 9,747 22,139
Accrued compensation 15,735 14,532
Accrued clinical trial expenses 26,809 44,207
Other accrued expenses 15,468 20,986
Operating lease liabilities, current portion 17,441 13,915
Total current liabilities 85,200 115,779
Operating lease liabilities, less current portion 125,736 136,373
Development derivative liability 27,726 0
Liabilities related to the sales of future royalties, net 195,427 200,340
Other long-term liabilities 3,592 8,980
Total liabilities 437,681 461,472
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 10,000 shares authorized; no shares designated, issued or outstanding at December 31, 2021 or 2020 0 0
Common stock, $0.0001 par value; 300,000 shares authorized; 185,468 shares and 180,091 shares issued and outstanding at December 31, 2021 and 2020, respectively 19 18
Capital in excess of par value 3,516,641 3,388,730
Accumulated other comprehensive loss (4,157) (2,295)
Accumulated deficit (2,832,995) (2,309,158)
Total stockholders’ equity 679,508 1,077,295
Total liabilities and stockholders’ equity $ 1,117,189 $ 1,538,767