XML 18 R5.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Net product sales $ 74,740 $ 9,587 $ 0
Collaboration revenue 6,950 4,056 3,648
Total revenues 81,690 13,643 3,648
Operating costs and expenses:      
Cost of product sales (excluding intangible asset amortization) 4,834 542 0
Research and development 142,659 138,002 115,639
Selling, general and administrative 148,524 99,574 60,792
Intangible asset amortization 7,885 3,942 0
Acquired in-process research and development and related costs 0 10,700 251,438
Change in fair value of contingent consideration 1,885 8,600 5,600
Total operating expenses 305,787 261,360 433,469
Loss from operations (224,097) (247,717) (429,821)
Other income (expense):      
Interest income 659 2,891 9,804
Interest expense (15,276) (3,759) (2)
Other income, net 11,406 21,777 516
Loss from operations before income taxes (227,308) (226,808) (419,503)
Income tax expense (benefit) 105 (17,425) 0
Net loss $ (227,413) $ (209,383) $ (419,503)
Net loss per share, basic (in dollars per share) $ (4.07) $ (3.90) $ (9.74)
Net loss per share, diluted (in dollars per share) $ (4.07) $ (3.90) $ (9.74)
Weighted average common shares outstanding, basic (in shares) 55,880 53,706 43,078
Weighted average common shares outstanding, diluted (in shares) 55,880 53,706 43,078