Annual report pursuant to Section 13 and 15(d)

Balance Sheet Account Details (Tables)

v3.20.4
Balance Sheet Account Details (Tables)
12 Months Ended
Dec. 31, 2020
Other Balance Sheet Details [Abstract]  
Schedule of Investment Categories
Excluding our investments in Viking, the following table summarizes the various investment categories at December 31, 2020 and 2019 (in thousands):
Cost
Gross unrealized
gains
Gross unrealized
losses
Estimated
fair value
December 31, 2020
Short-term investments
     Mutual fund $ 151,512  $ 386  $ —  $ 151,898 
     Bank deposits 84,120  35  (1) 84,154 
     Commercial paper 45,459  27  (1) 45,485 
     Corporate bonds 30,512  99  (1) 30,610 
     Agency bonds 4,499  —  4,501 
     Corporate equity securities 4,466  360  (1,388) 3,438 
     Treasury bill 3,999  —  —  3,999 
     Warrants —  393  —  393 
$ 324,567  $ 1,302  $ (1,391) $ 324,478 
December 31, 2019
Short-term investments
     Bank deposits $ 411,690  $ 188  $ (3) $ 411,875 
     Corporate bonds 63,818  161  —  63,979 
     Corporate equity securities 4,506  416  (1,850) 3,072 
     Commercial paper 210,525  43  (16) 210,552 
     Warrants —  125  —  125 
     Mutual Fund 250,636  —  (249) 250,387 
$ 941,175  $ 933  $ (2,118) $ 939,990 
Schedule of Available-for-Sale Debt Securities by Contractual Maturity
The following table summarizes our available-for-sale debt securities by contractual maturity (in thousands):
December 31, 2020
Amortized Cost Fair Value
Within one year $ 141,732  $ 141,793 
After one year through five years 26,856  26,956 
After five years —  — 
     Total $ 168,588  $ 168,749 
Schedule of Available-for-Sale Debt Securities in an Unrealized Loss Position The following table summarizes our available-for-sale debt securities in an unrealized loss position (in thousands):
Less than 12 months 12 months or greater Total
Gross
Unrealized
Losses
Estimated
Fair Value
Gross
Unrealized
Losses
Estimated
Fair Value
Gross
Unrealized
Losses
Estimated
Fair Value
December 31, 2020
Bank deposits $ (1) $ 14,013  $ —  $ —  $ (1) $ 14,013 
Corporate bonds (1) 4,526  —  —  (1) 4,526 
Commercial paper (1) 7,693  —  —  (1) 7,693 
     Total $ (3) $ 26,232  $ —  $ —  $ (3) $ 26,232 
December 31, 2019
Bank deposits $ (3) $ 58,584  $ —  $ —  $ (3) $ 58,584 
Commercial paper (16) 79,362  —  —  (16) 79,362 
     Total $ (19) $ 137,946  $ —  $ —  $ (19) $ 137,946 
Schedule of Property and Equipment
Property and equipment are stated at cost and consists of the following (in thousands):
December 31,
2020 2019
Lab and office equipment $ 14,666  $ 6,307 
Leasehold improvements 3,519  2,729 
Computer equipment and software 1,056  999 
19,241  10,035 
Less accumulated depreciation and amortization (4,807) (2,850)
$ 14,434  $ 7,185 
Schedule of Goodwill and Other Identifiable Intangible Assets
Goodwill and identifiable intangible assets consist of the following (in thousands):
As of December 31,
2020 2019
Indefinite-lived intangible assets
     Goodwill $ 189,662  $ 95,229 
Definite-lived intangible assets
     Complete technology 277,740  242,813 
          Less: Accumulated amortization (63,600) (50,203)
     Trade name 2,642  2,642 
          Less: Accumulated amortization (1,312) (1,180)
     Customer relationships 40,700  29,600 
          Less: Accumulated amortization (15,597) (13,224)
     Contractual relationships 362,000  — 
Less: Accumulated amortization (7,243) — 
Total goodwill and other identifiable intangible assets, net $ 784,992  $ 305,677 
Schedule of Accrued Liabilities
Accrued liabilities consist of the following (in thousands):
  December 31,
  2020 2019
Compensation $ 8,810  $ 1,986 
Professional fees 977  1,135 
Amounts owed to former licensees 421  381 
Royalties owed to third parties 693  — 
Return reserve 687  3,027 
Acquisition related liabilities 1,500  — 
Subcontractor 733  — 
Supplier 604  — 
Other 4,105  2,052 
$ 18,530  $ 8,581 
Schedule of Contingent Liabilities
The following table summarizes rollfoward of contingent liabilities as of December 2020 and 2019 (in thousands):

December 31, 2018 Payments Fair Value Adjustment Repurchases December 31, 2019 Additional Contingent Liabilities Payments Fair Value Adjustment Repurchases December 31, 2020
Cydex $ 514  $ (50) $ (116) $ —  $ 348  $ —  $ —  $ 160  $ —  $ 508 
Metabasis 5,551  —  904  (520) 5,935  —  —  (1,867) (247) 3,821 
Crystal 6,477  (3,000) (818) —  2,659  —  (1,800) (59) —  800 
Icagen —  —  —  —  —  4,800  (525) 2,129  —  6,404 
Pfenex —  —  —  —  —  37,000  —  600  —  37,600 
Total $ 12,542  $ (3,050) $ (30) $ (520) $ 8,942  $ 41,800  $ (2,325) $ 963  $ (247) $ 49,133