XML 15 R4.htm IDEA: XBRL DOCUMENT v3.23.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
REVENUES:    
REVENUES $ 49,521,923 $ 47,818,452
COSTS AND EXPENSES:    
Cost of product sales 38,578,098 34,495,802
Research and development expenses 7,067,852 12,487,424
Selling, general and administrative expenses 24,277,834 24,840,611
Impairment, restructuring, severance and related costs 3,236,186 7,047,779
TOTAL COSTS AND EXPENSES 73,159,970 78,871,616
LOSS FROM OPERATIONS (23,638,047) (31,053,164)
OTHER INCOME (EXPENSE):    
Interest (expense)/ income, net (2,812,772) (2,912,415)
Other income 3,194,567 0
LOSS BEFORE INCOME TAXES BENEFIT (23,256,252) (33,965,579)
Income tax (expense)/benefit (34,405) 62,050
NET LOSS $ (23,290,657) $ (33,903,529)
Basic loss per share (in dollars per share) $ (0.72) $ (1.4)
Diluted loss per share (in dollars per share) $ (0.72) $ (1.4)
Weighted average number of shares outstanding, basic (in shares) 32,269,147 24,299,465
Weighted average number of shares outstanding, diluted (in shares) 32,269,147 24,299,465
Net Product Sales [Member]    
REVENUES:    
REVENUES $ 47,091,673 $ 34,737,444
R&D Revenue [Member]    
REVENUES:    
REVENUES 112,986 1,159,381
Government Grant Income [Member]    
REVENUES:    
REVENUES 1,182,023 10,891,726
License and Royalty Revenue [Member]    
REVENUES:    
REVENUES $ 1,135,241 $ 1,029,901