v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 544,765 $ 510,445
Marketable securities 615,547 919,602
Accounts receivable 215,325 140,857
Inventory 142,384 132,068
Prepaid expenses and other current assets 115,898 91,236
Total current assets 1,633,919 1,794,208
Fixed assets, net 107,219 102,942
Finance lease right-of-use assets 14,205 15,561
Operating lease right-of-use assets 13,179 20,708
Intangibles, net 93,489 97,651
Goodwill 136,110 136,110
Other assets 104,444 97,378
Total assets 2,102,565 2,264,558
Current liabilities:    
Accounts payable and accrued liabilities 428,929 456,060
Finance lease liabilities 3,549 3,345
Operating lease liabilities 6,266 9,469
Total current liabilities 438,744 468,874
Debt, long-term 543,513 540,964
Royalty financing agreement 159,843 162,865
Contingent consideration 170,550 314,340
Finance lease liabilities, long-term 18,890 20,719
Operating lease liabilities, long-term 7,663 12,174
Other long-term liabilities 5,868 5,646
Total liabilities 1,345,071 1,525,582
Shareholders’ equity:    
Common stock, $0.01 par value; 500,000,000 authorized shares, 218,281,059 and 214,255,853 issued and outstanding shares at June 30, 2026 and December 31, 2025, respectively 2,183 2,143
Additional paid-in capital 6,572,181 6,372,064
Accumulated deficit (5,813,497) (5,636,692)
Accumulated other comprehensive (loss) gain (3,373) 1,461
Total shareholders’ equity 757,494 738,976
Total liabilities and shareholders’ equity $ 2,102,565 $ 2,264,558