v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Sep. 30, 2025
Current assets:    
Cash, cash equivalents and restricted cash $ 54,759 $ 226,548
Accounts receivable 8,556 6,824
Available-for-sale securities, at fair value 1,547,201 692,818
Prepaid expenses 25,373 10,933
Other current assets 35,522 13,516
Total current assets 1,671,411 950,639
Property, plant and equipment, net 373,301 382,515
Intangible assets, net 5,586 6,861
Right-of-use assets 55,667 43,891
Other assets 6,048 1,389
Total Assets 2,112,013 1,385,295
Current liabilities:    
Accounts payable 27,776 17,674
Accrued expenses 86,174 90,419
Accrued payroll and benefits 23,455 26,895
Lease liabilities 5,322 7,289
Deferred revenue 94,596 2,399
Credit facility 40,000 40,000
Other liabilities 6,023 10,811
Total current liabilities 283,346 195,487
Long-term liabilities:    
Lease liabilities, net of current portion 114,298 104,112
Deferred revenue, net of current portion 31,743 0
Liability related to the sale of future royalties 392,512 367,397
Credit facility, net of current portion 141,366 214,883
Convertible Notes, Net 682,707 0
Total long-term liabilities 1,362,626 686,392
Commitments and contingencies (Note 7)
Noncontrolling interest and stockholders’ equity:    
Common stock, $0.001 par value: Authorized 290,000 shares; 143,796 shares issued and 141,135 outstanding as of June 30, 2026 and 138,363 shares issued and 135,702 outstanding as of September 30, 2025 237 231
Additional paid-in capital 2,443,074 2,139,725
Accumulated other comprehensive (loss) income (1,234) 6,443
Accumulated deficit (1,923,355) (1,627,154)
Treasury stock; at cost; 2,661 shares of common stock at June 30, 2026 and September 30, 2025 (53,193) (53,193)
Stockholders’ equity 465,529 466,052
Noncontrolling interest 512 37,364
Total noncontrolling interest and stockholders’ equity 466,041 503,416
Total Liabilities, Noncontrolling Interest and Stockholders’ Equity 2,112,013 1,385,295
Consolidated Entity Excluding Variable Interest Entities (VIE)    
Current assets:    
Cash, cash equivalents and restricted cash 19,685 88,706
Variable Interest Entity, Primary Beneficiary    
Current assets:    
Cash, cash equivalents and restricted cash $ 35,074 $ 137,842