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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities    
Net loss $ (111,080) $ (56,701)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation of property and equipment 540 498
Stock-based compensation 4,670 5,077
Amortization of premiums and accretion of discounts on marketable securities (176) (1,302)
Intangible asset amortization 3,974 3,503
Right-of-use asset amortization 2,718 1,716
Deferred income taxes 0 (15,769)
Other non-cash adjustments, net 770 1,171
Changes in operating assets and liabilities:    
Accounts receivable (5,135) 2,181
Prepaid expenses and other assets (6,653) (6,826)
Inventory 197 (2,218)
Accounts payable and other liabilities 11,684 16,966
Product revenue allowances 17,203 3,305
Net cash used in operating activities (81,288) (48,399)
Cash flows from investing activities    
Acquisition of intangible asset (10,000) 0
Purchases of property and equipment (411) (735)
Purchases of marketable securities 0 (96,300)
Sales and maturities of marketable securities 64,455 125,667
Net cash provided by investing activities 54,044 28,632
Cash flows from financing activities    
Principal payments on finance leases (1,632) (834)
Tax obligations paid in connection with settlement of restricted stock units 0 (915)
Net cash used in financing activities (1,632) (1,749)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (93) 183
Net change in cash, cash equivalents and restricted cash (28,969) (21,333)
Cash, cash equivalents and restricted cash    
Beginning of period 85,320 102,785
End of period $ 56,351 $ 81,452