v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 61,933 $ 84,851
Marketable securities 78,561 178,996
Accounts receivable, net 60,316 54,578
Inventory 1,528 1,852
Prepaid expenses and other current assets 36,129 26,985
Total current assets 238,467 347,262
Property and equipment, net 3,029 2,248
Operating lease right-of-use assets 14,225 3,923
Finance lease right-of-use assets 5,949 7,343
Intangible assets, net 111,128 117,089
Non-current inventory and other 9,529 11,083
Total assets 382,327 488,948
Current liabilities:    
Accounts payable and accrued liabilities 60,588 68,297
Product revenue allowances 94,392 76,865
Total current liabilities 154,980 145,162
Operating lease non-current liabilities 14,949 2,991
Finance lease non-current liabilities 2,345 4,076
Other non-current liabilities 10,195 9,533
Total liabilities 182,469 161,762
Commitments and contingencies (Notes 8 and 14)
Stockholders’ equity:    
Preferred stock, $0.001 par value; 20,000,000 shares authorized, and no shares issued or outstanding at September 30, 2026 and December 31, 2025 0 0
Common stock, $0.001 par value; 150,000,000 shares authorized; 60,469,187 and 59,101,630 shares issued and outstanding at September 30, 2026 and December 31, 2025, respectively 60 59
Additional paid-in capital 728,272 721,264
Accumulated other comprehensive income (loss) (66) 629
Accumulated deficit (528,408) (394,766)
Total stockholders’ equity 199,858 327,186
Total liabilities and stockholders’ equity $ 382,327 $ 488,948