Balance Sheet Components (Tables)
|
6 Months Ended |
Jun. 30, 2025 |
|---|
| Balance Sheet Components |
|
| Schedule of Property and Equipment, Net |
Property and equipment, net of continuing operations consisted of the following: | | | | | | | | | June 30, | | December 31, | (in thousands) | | 2025 | | 2024 | Machinery and equipment | | $ | 12,014 | | $ | 13,437 | Computer equipment and software | | | 2,158 | | | 3,582 | Furniture and fixtures | | | 1,041 | | | 1,055 | Leasehold improvements | | | 5,752 | | | 5,751 | Total property and equipment | | | 20,965 | | | 23,825 | Accumulated depreciation and amortization | | | (19,058) | | | (20,988) | Property and equipment, net - subtotal | | | 1,907 | | | 2,837 | Less: Property and equipment, net from discontinued operations | | | — | | | (261) | Property and equipment, net | | $ | 1,907 | | $ | 2,576 |
|
| Schedule of Goodwill and Intangible Assets, Net |
| | | | | | | | | June 30, | | December 31, | (in thousands) | | 2025 | | 2024 | Finite-lived assets, net of accumulated amortization of $4,053 and $2,719, as of June 30, 2025 and December 31, 2024, respectively | | $ | 23,453 | | $ | 24,787 | Indefinite-lived assets - in-process research and development | | | 28,859 | | | 28,859 | Total Intangible assets, net | | $ | 52,312 | | $ | 53,646 |
|
| Schedule of Accrued Liabilities |
Accrued and other current liabilities of continuing operations consisted of the following: | | | | | | | | | June 30, | | December 31, | (in thousands) | | 2025 | | 2024 | Accrued commercial and research and development manufacturing | | $ | 5,643 | | $ | 12,449 | Accrued co-development costs and milestone payments | | | — | | | 12,500 | Royalty fee derivative liability, current | | | — | | | 13,620 | Accrued other | | | 6,780 | | | 20,028 | Lease liabilities, current | | | 1,756 | | | 1,691 | Total Accrued and other current liabilities | | $ | 14,179 | | $ | 60,288 |
|
| Schedule of Other Liabilities, Non-current |
| | | | | | | | | June 30, | | December 31, | (in thousands) | | 2025 | | 2024 | Contingent consideration, non-current | | $ | 632 | | $ | 632 | Deferred tax liability | | | 1,102 | | | 1,102 | Revenue participation liability, non-current | | | 13,101 | | | 27,595 | Royalty fee derivative liability, non-current | | | 1,490 | | | — | Other | | | 410 | | | — | Total Other liabilities, non-current | | $ | 16,735 | | $ | 29,329 |
|