v3.25.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 334,764 $ 555,030
Marketable securities 1,345,222 878,796
Accounts receivable 65,259 52,012
Inventory 120,965 98,578
Prepaid expenses and other current assets 65,597 37,245
Total current assets 1,931,807 1,621,661
Fixed assets, net 89,671 80,052
Finance lease right-of-use assets 16,239 18,273
Operating lease right-of-use assets 10,708 17,257
Intangibles, net 84,588 58,652
Goodwill 136,110 136,110
Other assets 91,613 93,226
Total assets 2,360,736 2,025,231
Current liabilities:    
Accounts payable and accrued liabilities 409,835 285,209
Finance lease liabilities 3,246 2,961
Operating lease liabilities 4,133 9,358
Total current liabilities 417,214 297,528
Debt, long-term 539,719 1,103,382
Royalty financing agreement 163,854 161,067
Contingent consideration 259,600 144,200
Finance lease liabilities, long-term 21,595 24,064
Operating lease liabilities, long-term 7,588 9,112
Other long-term liabilities 5,595 499
Total liabilities 1,415,165 1,739,852
Shareholders’ equity:    
Common stock, $0.01 par value; 500,000,000 authorized shares, 212,583,015 and 179,382,635 issued and outstanding shares at September 30, 2025 and December 31, 2024, respectively 2,126 1,794
Additional paid-in capital 6,249,654 4,645,791
Accumulated deficit (5,308,207) (4,359,917)
Accumulated other comprehensive gain (loss) 1,998 (2,289)
Total shareholders’ equity 945,571 285,379
Total liabilities and shareholders’ equity $ 2,360,736 $ 2,025,231