Quarterly Results (unaudited) |
Quarterly Results (unaudited) | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | March 31, 2020 | | June 30, 2020 | | September 30, 2020 | | December 31, 2020 | | (in thousands, except per share data) (unaudited) | Product revenue, net | $ | 29,209 | | | $ | 30,696 | | | $ | 34,392 | | | $ | 34,604 | | License, collaboration and other revenue | $ | 59,269 | | | $ | 59,446 | | | $ | 25,596 | | | $ | 22,095 | | Cost of goods sold | $ | 27,713 | | | $ | 174,616 | | | $ | 30,345 | | | $ | 63,234 | | Operating expenses | $ | 119,890 | | | $ | 89,345 | | | $ | 87,738 | | | $ | 78,868 | | Loss from operations | $ | (59,125) | | | $ | (173,819) | | | $ | (58,095) | | | $ | (85,403) | | Other expense, net | $ | (1,622) | | | $ | (1,932) | | | $ | (1,864) | | | $ | (1,597) | | Benefit for income taxes | $ | — | | | $ | — | | | $ | — | | | $ | — | | Net loss | $ | (60,747) | | | $ | (175,751) | | | $ | (59,959) | | | $ | (87,000) | | Net loss per share: | | | | | | | | basic and diluted | $ | (0.47) | | | $ | (1.28) | | | $ | (0.42) | | | $ | (0.60) | | Weighted-average number of common shares: | | | | | | | | basic and diluted | 128,395,163 | | | 136,906,968 | | | 143,314,729 | | | 145,111,415 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | March 31, 2019 | | June 30, 2019 | | September 30, 2019 | | December 31, 2019 | | (in thousands, except per share data) (unaudited) | Product revenue, net | $ | 23,111 | | | $ | 29,089 | | | $ | 30,004 | | | $ | 28,915 | | License, collaboration and other revenue | $ | 49,555 | | | $ | 71,714 | | | $ | 61,973 | | | $ | 40,640 | | Cost of goods sold | $ | 31,257 | | | $ | 37,669 | | | $ | 38,263 | | | $ | 38,147 | | Operating expenses | $ | 117,378 | | | $ | 122,657 | | | $ | 109,619 | | | $ | 126,299 | | Loss from operations | $ | (75,969) | | | $ | (59,523) | | | $ | (55,905) | | | $ | (94,891) | | Other income (expense), net | $ | 791 | | | $ | 508 | | | $ | 43 | | | $ | (1,344) | | Benefit for income taxes | $ | (2,757) | | | $ | (845) | | | $ | (1,277) | | | $ | (1,752) | | Net loss | $ | (72,421) | | | $ | (58,170) | | | $ | (54,585) | | | $ | (94,483) | | Net loss per share: | | | | | | | | basic and diluted | $ | (0.62) | | | $ | (0.49) | | | $ | (0.46) | | | $ | (0.79) | | Weighted-average number of common shares: | | | | | | | | basic and diluted | 117,063,352 | | | 118,268,832 | | | 118,863,063 | | | 119,358,081 | |
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