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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Products, net $ 429,771 $ 309,322 $ 1,149,803 $ 779,805
Type of Revenue [Extensible List] us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember
Collaboration and other $ 37,401 $ 22,495 $ 93,764 $ 66,750
Total revenues 467,172 331,817 1,243,567 846,555
Cost and expenses:        
Cost of sales (excluding amortization of in-licensed rights) 91,691 37,026 186,795 106,167
Research and development 224,483 194,301 604,569 681,870
Selling, general and administrative 128,200 120,893 393,999 350,171
Amortization of in-licensed rights 602 439 1,804 796
Total cost and expenses 444,976 352,659 1,187,167 1,139,004
Operating (loss) income 22,196 (20,842) 56,400 (292,449)
Other income (loss), net:        
Other income (expense), net 11,810 (12,332) 32,631 17,309
Gain from sale of Priority Review Voucher 0 0 0 102,000
Loss on debt extinguishment 0 0 0 (387,329)
Total other income (loss), net 11,810 (12,332) 32,631 (268,020)
Income (loss) before income tax expense 34,006 (33,174) 89,031 (560,469)
Income tax expense 395 7,763 12,841 21,163
Net income (loss) 33,611 (40,937) 76,190 (581,632)
Other comprehensive income:        
Unrealized gains on investments, net of tax 3,275 417 1,327 1,026
Total other comprehensive income 3,275 417 1,327 1,026
Comprehensive income (loss) $ 36,886 $ (40,520) $ 77,517 $ (580,606)
Earnings (loss) per share:        
Basic $ 0.35 $ (0.46) $ 0.8 $ (6.56)
Diluted $ 0.34 $ (0.46) $ 0.78 $ (6.56)
Weighted average number of shares of common stock used in computing earnings (loss) per share:        
Basic 95,390 88,889 94,669 88,609
Diluted 100,448 88,889 99,572 88,609