Annual report pursuant to Section 13 and 15(d)

Balance Sheet Account Details (Tables)

v3.22.4
Balance Sheet Account Details (Tables)
 12 Months Ended
Dec. 31, 2022
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, 2022 and 2021 (in thousands):
Cost
Gross unrealized
gains
Gross unrealized
losses
Estimated
fair value
December 31, 2022
Short-term investments
Mutual Funds $ 81,815  $ —  $ (1050) $ 80,765 
Bank deposits 5,012  2  (34) 4,980 
     Commercial paper 7,211  3  —  7,214 
Corporate bonds 6,701  13  (58) 6,656 
Corporate equity securities 5,807  262  (4,239) 1,830 
U.S. government securities 2,232  —  (70) 2,162 
Warrants —  135  —  135 
$ 108,778  $ 415  $ (5,451) $ 103,742 
December 31, 2021
Short-term investments
     Mutual fund $ 152,136  $ —  $ (249) $ 151,887 
     Bank deposits 63,389  13  (21) 63,381 
     Commercial paper 36,008  2  (12) 35,998 
     Corporate bonds 29,308  17  (38) 29,287 
     Corporate equity securities 5,807  402  (2,027) 4,182 
     U.S. government securities 5,577  —  (23) 5,554 
     Warrants —  408  —  408 
$ 292,225  $ 842  $ (2,370) $ 290,697 
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, 2022
Amortized Cost Fair Value
Within one year $ 57,158  $ 57,036 
After one year through five years 2,794  2,769 
     Total $ 59,952  $ 59,805 
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, 2022
Bank deposits $ (34) $ 2,470  $ —  $ —  $ (34) $ 2,470 
Corporate bonds (21) 3,887  (37) 947  (58) 4,834 
Commercial paper —  3,836  —  —  —  3,836 
U.S. Government Securities (70) 2,161  —  —  (70) 2,161 
     Total $ (125) $ 12,354  $ (37) $ 947  $ (162) $ 13,301 
December 31, 2021
Bank deposits $ (13) $ 20,008  $ —  $ —  $ (13) $ 20,008 
Corporate bonds (15) 27,252  (5) 2,996  (20) 30,248 
Commercial paper (6) 6,689  (32) 10,125  (38) 16,814 
U.S. Government Securities —  —  (23) 5,553  (23) 5,553 
     Total $ (34) $ 53,949  $ (60) $ 18,674  $ (94) $ 72,623 
Schedule of Property and Equipment Property and equipment are stated at cost and consists of the following (in thousands):
December 31,
2022 2021
Lab and office equipment $ 14,172  $ 13,417 
Leasehold improvements 7,446  5,265 
Computer equipment and software 989  924 
22,607  19,606 
Less accumulated depreciation and amortization (10,125) (6,415)
$ 12,482  $ 13,191 
Schedule of Goodwill and Other Identifiable Intangible Assets Goodwill and identifiable intangible assets consist of the following (in thousands):
December 31,
2022 2021
Indefinite-lived intangible assets
     Goodwill $ 105,673  $ 105,673 
Definite-lived intangible assets
     Complete technology 55,211  55,211 
          Less: Accumulated amortization (22,560) (18,916)
     Trade name 2,642  2,642 
          Less: Accumulated amortization (1,577) (1,444)
     Customer relationships 29,600  29,600 
          Less: Accumulated amortization (17,670) (16,184)
     Contractual relationships 362,000  362,000 
Less: Accumulated amortization (65,191) (36,218)
Total goodwill and other identifiable intangible assets, net $ 448,128  $ 482,364 
Schedule of Accrued Liabilities Accrued liabilities consist of the following (in thousands):
  December 31,
  2022 2021
Compensation $ 6,201  $ 6,532 
Professional fees 662  2,046 
Amounts owed to former licensees 3,989  630 
Royalties owed to third parties 12  149 
Return reserve and customer refunds —  2,420 
Acquisition related liabilities —  1,000 
Subcontractor —  1,759 
Supplier 634  848 
Other 4,183  2,195 
$ 15,681  $ 17,579 
Schedule of Contingent Liabilities The following table summarizes roll-forward of contingent liabilities as of December 2022 and 2021 (in thousands):
December 31, 2020 Payments Fair Value Adjustment December 31, 2021 Payments Fair Value Adjustment Repurchases December 31, 2022
Cydex $ 507  $ (50) $ (108) $ 349  $ —  $ (265) $ —  $ 84 
Metabasis 3,822  —  (464) 3,358  —  71  —  3,429 
Pfenex 37,600  —  (37,600) —  —  —  —  — 
Total $ 41,929  $ (50) $ (38,172) $ 3,707  $ —  $ (194) $ —  $ 3,513