XML 15 R4.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue:    
Revenue $ 120,856 $ 63,474
Costs and expenses:    
Cost of revenue 15,541 5,441
Research and development:    
Noncash compensation 3,331 2,452
Other research and development 43,031 30,270
Total research and development 46,362 32,722
Selling, general and administrative:    
Noncash compensation 11,640 6,887
Other selling, general and administrative 38,691 27,694
Total selling, general and administrative 50,331 34,581
Total costs and expenses 112,234 72,744
Operating income (loss) 8,622 (9,270)
Other expense (income):    
Interest expense 6,757 2,288
Other income (3,603) (880)
Total other expense, net 3,154 1,408
Net income (loss) before taxes 5,468 (10,678)
Income tax expense 408 29
Net income (loss) $ 5,060 $ (10,707)
Net income (loss) per common share:    
Basic (in dollars per share) $ 0.03 $ (0.07)
Diluted (in dollars per share) $ 0.03 $ (0.07)
Weighted-average shares of common stock outstanding    
Basic (in shares) 146,677,783 146,209,213
Diluted (in shares) 162,769,202 146,209,213
Product [Member]    
Revenue:    
Revenue $ 119,655 $ 50,488
License [Member]    
Revenue:    
Revenue $ 1,201 $ 12,986