XML 16 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue:        
Total revenue $ 77,875 $ 37,497 $ 147,097 $ 69,095
Operating expenses:        
Cost of sales 20,227 6,812 38,057 11,791
Research and development 32,672 22,009 64,894 45,557
Selling, general and administrative 49,208 32,949 94,846 63,168
Total operating expenses 102,107 61,770 197,797 120,516
Loss from operations (24,232) (24,273) (50,700) (51,421)
Other income (expense):        
Interest income 3,486 3,627 7,119 5,899
Interest expense (3,569) (3,726) (7,146) (7,968)
Loss from termination of revenue interest purchase agreement 0 (49,076) 0 (49,076)
Other income (expense), net 312 (274) 2,069 (1,085)
Net loss before provision for income taxes (24,003) (73,722) (48,658) (103,651)
Provision for income taxes 635 316 1,259 517
Net loss $ (24,638) $ (74,038) $ (49,917) $ (104,168)
Net loss per share, basic (in dollars per share) $ (0.52) $ (1.94) $ (1.06) $ (2.75)
Net loss per share, diluted (in dollars per share) $ (0.52) $ (1.94) $ (1.06) $ (2.75)
Weighted-average shares of common stock outstanding, basic (in shares) 47,235,080 38,107,334 47,081,315 37,892,513
Weighted-average shares of common stock outstanding, diluted (in shares) 47,235,080 38,107,334 47,081,315 37,892,513
Product sales, net        
Revenue:        
Total revenue $ 77,760 $ 32,497 $ 146,677 $ 61,595
License and other revenue        
Revenue:        
Total revenue $ 115 $ 5,000 $ 420 $ 7,500