Revisions of Previously Issued Financial Statements - Revisions for Product Return Reserve Errors and Other Immaterial Corrections (Details) - USD ($) $ / shares in Units, $ in Thousands |
3 Months Ended | 6 Months Ended | 9 Months Ended | 12 Months Ended | ||||||||
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Dec. 31, 2022 |
Sep. 30, 2022 |
Jun. 30, 2022 |
Mar. 31, 2022 |
Jun. 30, 2020 |
Jun. 30, 2022 |
Sep. 30, 2022 |
Dec. 31, 2022 |
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
Dec. 12, 2018 |
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Consolidated Balance Sheet | ||||||||||||
Inventories | $ 21,568 | $ 45,242 | $ 40,226 | $ 41,098 | $ 40,226 | $ 45,242 | $ 21,568 | $ 36,628 | ||||
Accounts receivable, net | 40,284 | 23,269 | 82,002 | 65,358 | 82,002 | 23,269 | 40,284 | 51,581 | ||||
Prepaid expenses and other current assets | 32,864 | 28,940 | 28,940 | 32,864 | 33,140 | |||||||
Total current assets | 185,182 | 242,212 | 308,250 | 305,139 | 308,250 | 242,212 | 185,182 | 271,149 | ||||
Goodwill | 59,044 | 59,044 | 59,044 | 59,044 | 59,044 | 59,044 | 59,044 | 59,044 | ||||
Other long-term assets, net | 5,372 | 25,941 | 25,941 | 5,372 | 50,421 | |||||||
Total assets | 356,054 | 444,251 | 529,882 | 541,799 | 529,882 | 444,251 | 356,054 | 529,347 | ||||
Accrued expenses and other current liabilities | 75,777 | 92,528 | 95,005 | 114,243 | 95,005 | 92,528 | 75,777 | 109,014 | ||||
Total current liabilities | 129,536 | 193,129 | 237,401 | 258,497 | 237,401 | 193,129 | 129,536 | 261,051 | ||||
Other non-current liabilities | 15,717 | 83,100 | 74,610 | 83,141 | 74,610 | 83,100 | 15,717 | 84,212 | ||||
Total liabilities | 350,824 | 435,992 | 470,946 | 519,221 | 470,946 | 435,992 | 350,824 | 455,339 | ||||
Accumulated deficit | (1,557,025) | (1,550,955) | (1,496,859) | (1,526,308) | (1,496,859) | (1,550,955) | (1,557,025) | (1,462,799) | ||||
Total stockholder' equity | 5,230 | 5,230 | 74,008 | $ 244,354 | $ 392,877 | |||||||
Total liabilities and stockholders' equity | 356,054 | 444,251 | 529,882 | 541,799 | 529,882 | 444,251 | 356,054 | 529,347 | ||||
Consolidated Statements of Operations and Comprehensive Loss | ||||||||||||
Total revenues | 292,484 | 211,650 | 294,644 | |||||||||
Cost of goods sold, product | 29,270 | 23,105 | 32,694 | 61,965 | 49,526 | 114,629 | 149,435 | |||||
Cost of goods sold, amortization of intangible asset | 36,042 | 36,042 | 32,617 | |||||||||
Cost of goods sold, impairment of intangible asset | $ 114,400 | 0 | 0 | 114,425 | ||||||||
Research and development | 28,028 | 97,888 | 129,986 | 147,852 | 218,485 | |||||||
Selling, general and administrative | 31,887 | 32,240 | 44,566 | 76,806 | 108,693 | 138,601 | 174,140 | 154,099 | ||||
Operating income (loss) | (50,404) | 34,075 | (59,581) | (25,504) | (75,911) | (80,779) | (264,502) | (377,826) | ||||
Net income (loss) | (54,095) | 29,449 | (63,509) | (34,058) | (88,156) | (94,226) | (282,024) | (384,841) | ||||
Comprehensive income (loss) | $ (54,095) | $ 29,449 | $ (63,509) | $ (34,058) | $ (88,156) | $ (94,226) | $ (282,031) | $ (384,828) | ||||
Earnings per share - basic (in dollars per share) | $ (0.29) | $ 0.16 | $ (0.35) | $ (0.19) | $ (0.48) | $ (0.52) | $ (1.70) | $ (2.78) | ||||
Earnings per share - diluted (in dollars per share) | $ (0.29) | $ 0.15 | $ (0.35) | $ (0.19) | $ (0.48) | $ (0.52) | $ (1.70) | $ (2.78) | ||||
Condensed Consolidated Statement of Stockholders' (Deficit) Equity | ||||||||||||
Accumulated deficit | 5,230 | $ 5,230 | $ 74,008 | $ 244,354 | 392,877 | |||||||
Net income (loss) | $ (54,095) | $ 29,449 | $ (63,509) | $ (34,058) | $ (88,156) | (94,226) | (282,024) | (384,841) | ||||
Consolidated Statement of Cash Flows | ||||||||||||
Net loss | (63,509) | (34,058) | (88,156) | (94,226) | (282,024) | (384,841) | ||||||
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||||||
Amortization of intangible asset | 36,043 | 36,043 | 32,617 | |||||||||
Intangible asset impairment charge | 0 | 0 | 114,425 | |||||||||
Change in excess inventory purchase commitments | (74,300) | 0 | 4,854 | 14,095 | (65,946) | 30,337 | 25,114 | |||||
Write-down of inventories | 30,242 | 15,049 | 20,641 | |||||||||
Changes in operating assets and liabilities: | ||||||||||||
Accounts receivable | (13,778) | (30,421) | 28,312 | 11,297 | (24,027) | 11,669 | ||||||
Inventories | (8,490) | (4,362) | (5,365) | 19,087 | (24,947) | 6,163 | ||||||
Prepaid expenses and other current assets | 9,798 | 1,058 | (18,658) | (8,119) | ||||||||
Other long-term assets | 3,966 | 10,012 | 21,031 | (5,623) | 5,674 | (2,779) | ||||||
Accrued expenses and other current liabilities | 7,386 | (19,464) | (21,533) | (38,005) | (22,080) | 6,259 | ||||||
Other non-current liabilities | (3,191) | (8,622) | 2,277 | (13,169) | 1,254 | |||||||
Net cash used in operating activities | (21,620) | (52,280) | (18,475) | (73,154) | (252,965) | (110,388) | ||||||
Accumulated Deficit | ||||||||||||
Consolidated Balance Sheet | ||||||||||||
Total stockholder' equity | (1,557,025) | (1,550,955) | (1,496,859) | (1,526,308) | (1,496,859) | (1,550,955) | (1,557,025) | (1,462,799) | (1,180,775) | (795,934) | ||
Consolidated Statements of Operations and Comprehensive Loss | ||||||||||||
Net income (loss) | (94,226) | (282,024) | (384,841) | |||||||||
Condensed Consolidated Statement of Stockholders' (Deficit) Equity | ||||||||||||
Accumulated deficit | (1,557,025) | (1,550,955) | (1,496,859) | (1,526,308) | (1,496,859) | (1,550,955) | (1,557,025) | (1,462,799) | (1,180,775) | (795,934) | ||
Net income (loss) | (94,226) | (282,024) | (384,841) | |||||||||
Product revenue, net | ||||||||||||
Consolidated Statements of Operations and Comprehensive Loss | ||||||||||||
Total revenues | 41,989 | 43,309 | 41,372 | 84,681 | 126,670 | 176,949 | 140,288 | 128,238 | ||||
As Previously Reported | ||||||||||||
Consolidated Balance Sheet | ||||||||||||
Inventories | 21,762 | 40,039 | 36,272 | 39,422 | 36,272 | 40,039 | 21,762 | 38,195 | ||||
Accounts receivable, net | 39,180 | 23,094 | 81,869 | 64,582 | 81,869 | 23,094 | 39,180 | 50,875 | ||||
Prepaid expenses and other current assets | 33,541 | 29,618 | 29,618 | 33,541 | ||||||||
Total current assets | 184,949 | 237,512 | 304,163 | 302,687 | 304,163 | 237,512 | 184,949 | 272,010 | ||||
Goodwill | 55,053 | 55,053 | 55,053 | 55,053 | 55,053 | 55,053 | 55,053 | 55,053 | ||||
Other long-term assets, net | 26,275 | 26,275 | 49,754 | |||||||||
Total assets | 351,830 | 435,894 | 521,804 | 535,356 | 521,804 | 435,894 | 351,830 | 525,550 | ||||
Accrued expenses and other current liabilities | 70,997 | 87,364 | 91,284 | 109,660 | 91,284 | 87,364 | 70,997 | 104,456 | ||||
Total current liabilities | 124,756 | 187,965 | 233,680 | 253,914 | 233,680 | 187,965 | 124,756 | 256,493 | ||||
Other non-current liabilities | 12,161 | 74,313 | 66,889 | 77,743 | 66,889 | 74,313 | 12,161 | 82,525 | ||||
Total liabilities | 342,488 | 422,041 | 459,504 | 509,240 | 459,504 | 422,041 | 342,488 | 449,094 | ||||
Accumulated deficit | (1,552,913) | (1,545,361) | (1,493,496) | (1,522,772) | (1,493,496) | (1,545,361) | (1,552,913) | (1,460,351) | ||||
Total stockholder' equity | 9,342 | 9,342 | 76,456 | |||||||||
Total liabilities and stockholders' equity | 351,830 | 435,894 | 521,804 | 535,356 | 521,804 | 435,894 | 351,830 | 525,550 | ||||
Consolidated Statements of Operations and Comprehensive Loss | ||||||||||||
Cost of goods sold, product | 28,936 | 22,333 | 31,923 | 60,859 | 48,754 | 117,352 | 148,866 | |||||
Cost of goods sold, amortization of intangible asset | 31,515 | |||||||||||
Cost of goods sold, impairment of intangible asset | 115,527 | |||||||||||
Research and development | 27,350 | 97,210 | 129,114 | |||||||||
Selling, general and administrative | 30,918 | 32,807 | 44,327 | 77,134 | 108,052 | 138,699 | 174,161 | |||||
Operating income (loss) | (48,174) | 33,902 | (58,493) | (24,591) | (72,765) | (79,115) | (265,318) | (376,442) | ||||
Net income (loss) | (51,865) | 29,276 | (62,421) | (33,145) | (85,010) | (92,562) | (282,840) | (383,457) | ||||
Comprehensive income (loss) | $ (51,865) | $ 29,276 | $ (62,421) | $ (33,145) | $ (85,010) | $ (92,562) | $ (282,847) | $ (383,444) | ||||
Earnings per share - basic (in dollars per share) | $ (0.28) | $ 0.16 | $ (0.35) | $ (0.18) | $ (0.47) | $ (0.51) | $ (1.70) | $ (2.77) | ||||
Earnings per share - diluted (in dollars per share) | $ (0.28) | $ 0.15 | $ (0.35) | $ (0.18) | $ (0.47) | $ (0.51) | $ (1.70) | $ (2.77) | ||||
Condensed Consolidated Statement of Stockholders' (Deficit) Equity | ||||||||||||
Accumulated deficit | 9,342 | $ 9,342 | $ 76,456 | |||||||||
Net income (loss) | $ (51,865) | $ 29,276 | $ (62,421) | $ (33,145) | $ (85,010) | (92,562) | (282,840) | $ (383,457) | ||||
Consolidated Statement of Cash Flows | ||||||||||||
Net loss | (62,421) | (33,145) | (85,010) | (92,562) | (282,840) | (383,457) | ||||||
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||||||
Amortization of intangible asset | 31,515 | |||||||||||
Intangible asset impairment charge | 115,527 | |||||||||||
Change in excess inventory purchase commitments | (773) | (773) | 12,422 | (67,618) | 33,391 | |||||||
Write-down of inventories | 15,618 | 20,072 | ||||||||||
Changes in operating assets and liabilities: | ||||||||||||
Accounts receivable | (13,707) | (30,994) | 27,781 | 11,695 | (24,022) | 12,011 | ||||||
Inventories | (5,247) | 1,159 | 1,405 | 19,793 | (25,847) | |||||||
Prepaid expenses and other current assets | 9,131 | 381 | ||||||||||
Other long-term assets | 3,297 | 9,347 | 14,817 | |||||||||
Accrued expenses and other current liabilities | 4,426 | (18,625) | (22,364) | (38,227) | (24,680) | 6,356 | ||||||
Other non-current liabilities | (3,191) | (9,030) | 2,080 | (12,481) | 0 | |||||||
Net cash used in operating activities | (21,620) | (52,280) | (18,475) | (73,154) | (252,965) | (110,388) | ||||||
As Previously Reported | Accumulated Deficit | ||||||||||||
Consolidated Balance Sheet | ||||||||||||
Total stockholder' equity | (1,552,913) | (1,545,361) | (1,493,496) | (1,522,772) | (1,493,496) | (1,545,361) | (1,552,913) | (1,460,351) | (1,177,511) | (794,054) | ||
Condensed Consolidated Statement of Stockholders' (Deficit) Equity | ||||||||||||
Accumulated deficit | (1,552,913) | (1,545,361) | (1,493,496) | (1,522,772) | (1,493,496) | (1,545,361) | (1,552,913) | (1,460,351) | (1,177,511) | (794,054) | ||
As Previously Reported | Product revenue, net | ||||||||||||
Consolidated Statements of Operations and Comprehensive Loss | ||||||||||||
Total revenues | 42,239 | 43,703 | 41,448 | 85,151 | 127,390 | 177,067 | 142,216 | 128,901 | ||||
Adjustment | ||||||||||||
Consolidated Balance Sheet | ||||||||||||
Inventories | (194) | 5,203 | 3,954 | 1,676 | 3,954 | 5,203 | (194) | (1,567) | ||||
Accounts receivable, net | 1,104 | 175 | 133 | 776 | 133 | 175 | 1,104 | 706 | 700 | |||
Prepaid expenses and other current assets | (677) | (678) | (678) | (677) | ||||||||
Total current assets | 233 | 4,700 | 4,087 | 2,452 | 4,087 | 4,700 | 233 | (861) | ||||
Goodwill | 3,991 | 3,991 | 3,991 | 3,991 | 3,991 | 3,991 | 3,991 | 3,991 | $ 2,600 | |||
Other long-term assets, net | (334) | (334) | 667 | |||||||||
Total assets | 4,224 | 8,357 | 8,078 | 6,443 | 8,078 | 8,357 | 4,224 | 3,797 | ||||
Accrued expenses and other current liabilities | 4,780 | 5,164 | 3,721 | 4,583 | 3,721 | 5,164 | 4,780 | 4,558 | ||||
Total current liabilities | 4,780 | 5,164 | 3,721 | 4,583 | 3,721 | 5,164 | 4,780 | 4,558 | ||||
Other non-current liabilities | 3,556 | 8,787 | 7,721 | 5,398 | 7,721 | 8,787 | 3,556 | 1,687 | ||||
Total liabilities | 8,336 | 13,951 | 11,442 | 9,981 | 11,442 | 13,951 | 8,336 | 6,245 | ||||
Accumulated deficit | (4,112) | (5,594) | (3,363) | (3,536) | (3,363) | (5,594) | (4,112) | (2,448) | ||||
Total stockholder' equity | (4,112) | (4,112) | (2,448) | |||||||||
Total liabilities and stockholders' equity | 4,224 | 8,357 | 8,078 | 6,443 | 8,078 | 8,357 | 4,224 | 3,797 | ||||
Consolidated Statements of Operations and Comprehensive Loss | ||||||||||||
Total revenues | 100 | 1,900 | 600 | |||||||||
Cost of goods sold, product | 334 | 772 | 771 | 1,106 | 772 | (2,723) | 569 | |||||
Cost of goods sold, amortization of intangible asset | 1,102 | |||||||||||
Cost of goods sold, impairment of intangible asset | (1,102) | |||||||||||
Research and development | 678 | 678 | 872 | |||||||||
Selling, general and administrative | 969 | (567) | 239 | (328) | 641 | (98) | (21) | |||||
Operating income (loss) | (2,230) | 173 | (1,088) | (913) | (3,146) | (1,664) | 816 | (1,384) | ||||
Net income (loss) | (2,230) | 173 | (1,088) | (913) | (3,146) | (1,664) | 816 | (1,384) | ||||
Comprehensive income (loss) | $ (2,230) | $ 173 | $ (1,088) | $ (913) | $ (3,146) | $ (1,664) | $ 816 | $ (1,384) | ||||
Earnings per share - basic (in dollars per share) | $ (0.01) | $ 0 | $ 0 | $ (0.01) | $ (0.01) | $ 0.01 | $ 0 | $ (0.01) | ||||
Earnings per share - diluted (in dollars per share) | $ (0.01) | $ 0 | $ 0 | $ (0.01) | $ (0.01) | $ 0.01 | $ 0 | $ (0.01) | ||||
Condensed Consolidated Statement of Stockholders' (Deficit) Equity | ||||||||||||
Accumulated deficit | (4,112) | $ (4,112) | $ (2,448) | |||||||||
Net income (loss) | $ (2,230) | $ 173 | $ (1,088) | $ (913) | $ (3,146) | (1,664) | 816 | $ (1,384) | ||||
Consolidated Statement of Cash Flows | ||||||||||||
Net loss | (1,088) | (913) | (3,146) | (1,664) | 816 | (1,384) | ||||||
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||||||
Amortization of intangible asset | 1,102 | |||||||||||
Intangible asset impairment charge | (1,102) | |||||||||||
Change in excess inventory purchase commitments | 773 | 5,627 | 1,673 | 1,672 | (3,054) | |||||||
Write-down of inventories | (569) | 569 | ||||||||||
Changes in operating assets and liabilities: | ||||||||||||
Accounts receivable | (71) | 573 | 531 | (398) | (5) | (342) | ||||||
Inventories | (3,243) | (5,521) | (6,770) | (706) | 900 | |||||||
Prepaid expenses and other current assets | 667 | 677 | ||||||||||
Other long-term assets | 669 | 665 | 6,214 | |||||||||
Accrued expenses and other current liabilities | 2,960 | (839) | 831 | 222 | 2,600 | (97) | ||||||
Other non-current liabilities | 408 | 197 | (688) | 1,254 | ||||||||
Net cash used in operating activities | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
Adjustment | Accumulated Deficit | ||||||||||||
Consolidated Balance Sheet | ||||||||||||
Total stockholder' equity | (4,112) | (5,594) | (3,363) | (3,536) | (3,363) | (5,594) | (4,112) | (2,448) | (3,264) | (1,880) | ||
Condensed Consolidated Statement of Stockholders' (Deficit) Equity | ||||||||||||
Accumulated deficit | $ (4,112) | (5,594) | (3,363) | (3,536) | (3,363) | (5,594) | (4,112) | (2,448) | (3,264) | $ (1,880) | ||
Adjustment | Product revenue, net | ||||||||||||
Consolidated Statements of Operations and Comprehensive Loss | ||||||||||||
Total revenues | $ (250) | $ (394) | $ (76) | $ (470) | $ (720) | $ (118) | $ (1,928) | $ (663) |