Annual report pursuant to Section 13 and 15(d)

Income Taxes - Components of Deferred Income Tax Asset (Details)

v3.22.0.1
Income Taxes - Components of Deferred Income Tax Asset (Details) - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Deferred tax assets:    
Net operating loss carryforwards $ 46,062 $ 65,790
Research and development credits 88,778 79,019
Foreign tax credits 7,695 5,728
Accrued expenses and other 2,748 5,941
Lease obligation 1,041 1,731
Accrued compensation 5,057 4,442
Stock-based compensation 8,014 5,415
Deferred tax assets, gross 159,395 168,066
Less valuation allowance (68,151) (71,811)
Deferred tax assets, net of valuation allowance 91,244 96,255
Deferred tax liabilities:    
Fixed assets (701) (42)
Leased right-of-use assets (735) (1,099)
Intangible assets (640) (9,049)
Pension liability (792) 0
Net deferred tax assets $ 88,376 $ 86,065