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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenue:      
Revenue $ 587,367 $ 810,456 $ 729,264
Expenses:      
Cost of sales 14,116 10,842 11,947
Research, development and patent 833,147 643,453 535,077
Selling, general and administrative 150,295 186,347 354,322
Total operating expenses 997,558 840,642 901,346
Loss from operations (410,191) (30,186) (172,082)
Other income (expense):      
Investment income 25,331 10,044 30,562
Interest expense (8,122) (9,349) (9,510)
Gain (loss) on investments (7,333) 10,103 16,540
Gain on sale of real estate assets 149,604 0 0
Other expenses (7,274) (9,760) (62)
Loss before income tax benefit (expense) (257,985) (29,148) (134,552)
Income tax benefit (expense) (11,737) 551 (345,191)
Net loss (269,722) (28,597) (479,743)
Net loss attributable to noncontrolling interest in Akcea Therapeutics, Inc. 0 0 35,480
Net loss attributable to Ionis Pharmaceuticals, Inc. common stockholders $ (269,722) $ (28,597) $ (444,263)
Basic net loss per share (in dollars per share) $ (1.9) $ (0.2) $ (3.18)
Shares used in computing basic net loss per share (in shares) 141,848 141,021 139,612
Diluted net loss per share (in dollars per share) $ (1.9) $ (0.2) $ (3.18)
Shares used in computing diluted net loss per share (in shares) 141,848 141,021 139,612
Commercial Revenue [Member]      
Revenue:      
Revenue $ 303,358 $ 342,395 $ 364,699
SPINRAZA Royalties [Member]      
Revenue:      
Revenue 242,314 267,776 286,583
TEGSEDI and WAYLIVRA Revenue, Net [Member]      
Revenue:      
Revenue 30,051 55,500 69,999
Licensing and Other Royalty Revenue [Member]      
Revenue:      
Revenue 30,993 19,119 8,117
Research and Development Revenue [Member]      
Revenue:      
Revenue 284,009 468,061 364,565
Collaborative Agreement Revenue [Member]      
Revenue:      
Revenue 207,222 468,061 364,565
Eplontersen Joint Development Revenue [Member]      
Revenue:      
Revenue $ 76,787 $ 0 $ 0