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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue:        
Revenue $ 83,879 $ 165,815 $ 220,819 $ 189,691
Costs and expenses:        
Cost of revenue 9,341 3,509 23,087 6,277
Research and development:        
Noncash compensation 3,028 2,915 8,000 10,162
Other research and development 17,110 11,838 62,417 48,581
Total research and development 20,138 14,753 70,417 58,743
Selling, general and administrative:        
Noncash compensation 8,745 6,269 22,593 18,386
Other selling, general and administrative 33,221 26,500 92,742 73,167
Total selling, general and administrative 41,966 32,769 115,335 91,553
Total costs and expenses 71,445 51,031 208,839 156,573
Operating income 12,434 114,784 11,980 33,118
Other expense (income):        
Interest expense 10,832 3,713 16,967 10,184
Other income (2,666) (2,859) (5,128) (4,154)
Total other expense, net 8,166 854 11,839 6,030
Net income before taxes 4,268 113,930 141 27,088
Income tax expense 388 0 89 0
Net income $ 3,880 $ 113,930 $ 52 $ 27,088
Net income per common share:        
Basic (in dollars per share) $ 0.03 $ 0.8 $ 0 $ 0.19
Diluted (in dollars per share) $ 0.02 $ 0.73 $ 0 $ 0.19
Weighted-average shares of common stock outstanding        
Basic (in shares) 145,102,479 142,871,227 145,342,337 141,571,785
Diluted (in shares) 160,714,388 155,871,749 160,366,927 145,952,913
Product [Member]        
Revenue:        
Revenue $ 83,297 $ 25,068 $ 206,381 $ 48,868
License [Member]        
Revenue:        
Revenue $ 582 $ 140,747 $ 14,438 $ 140,823