v3.26.3
Composition of Other Balance Sheet Items
 9 Months Ended
Sep. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Composition of Other Balance Sheet Items Composition of Other Balance Sheet Items
The following details the composition of other balance sheet items (dollars in thousands for amounts in tables):
Inventories, Net
September 30,
2026		December 31,
2025
(unaudited)
Raw materials$29,120 $31,833 
Work in process24,843 29,436 
Finished goods33,149 21,116 
Total$87,112 $82,385 
Inventories, net as reported on the condensed consolidated balance sheets are as follows (dollars in thousands):
Balance Sheet ClassificationSeptember 30, 2026December 31, 2025
(unaudited)
Current inventory
Inventories, net
$87,112 $82,385 
Noncurrent inventory
Other Assets
26,131 30,095 
Total $113,243 $112,480 
Property and Equipment, Net
September 30,
2026		December 31,
2025
(unaudited)
Lab equipment and furniture$14,538 $14,041 
Leasehold improvements13,052 13,052 
Software951 871 
Computer equipment1,052 831 
Subtotal29,593 28,795 
Less accumulated depreciation and amortization(19,572)(18,264)
Property and equipment, net$10,021 $10,531 
Depreciation and amortization expense on property and equipment was approximately $0.4 million and $1.3 million for three and nine months ended September 30, 2026, respectively, and $0.5 million and $1.6 million for the three and nine months ended September 30, 2025, respectively.
Accounts Payable and Accrued Liabilities
September 30,
2026		December 31,
2025
(unaudited)
Accrued manufacturing expenses$29,874 $25,608 
Accrued compensation, benefits, & related accruals27,596 29,446 
Accrued sales & marketing14,220 16,665 
Operating lease liabilities, current portion(a)
7,620 10,612 
Accounts payable8,517 2,677 
Accrued R&D expenses6,592 7,299 
Accrued royalties(b)
622 2,403 
Other accrued expenses14,095 13,090 
Total$109,136 $107,800 
_______________________________
(a) Refer to Note 13, Leases.
(b) Refer to Note 17, Commitments and Contingencies.
Accrued Product Returns and Rebates
September 30,
2026		December 31,
2025
(unaudited)
Accrued product rebates$131,537 $123,297 
Accrued product returns33,811 37,800 
Total$165,348 $161,097