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CONDENSED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Total revenues $ 101,685 $ 36,841 $ 155,018 $ 66,375
Costs and expenses:        
Cost of product sales 4,504 2,807 8,913 4,832
Research and development 6,821 5,540 15,257 11,566
Selling, general and administrative 29,257 28,047 56,972 56,496
Total costs and expenses 40,582 36,394 81,142 72,894
Income (loss) from operations 61,103 447 73,876 (6,519)
Interest income 753 552 1,344 1,145
Interest expense (1,874) (2,029) (3,727) (3,903)
Income (loss) before income taxes 59,982 (1,030) 71,493 (9,277)
Provision for income taxes 369 0 434 0
Net income (loss) $ 59,613 $ (1,030) $ 71,059 $ (9,277)
Net income (loss) per share        
Basic (in dollars per share) $ 3.33 $ (0.06) $ 3.98 $ (0.53)
Diluted (in dollars per share) $ 3.28 $ (0.06) $ 3.91 $ (0.53)
Weighted average shares used in computing net income (loss) per share        
Basic (in shares) 17,885 17,549 17,848 17,534
Diluted (in shares) 18,162 17,549 18,168 17,534
Product sales, net        
Total revenues $ 58,948 $ 33,450 $ 102,498 $ 59,453
Contract revenues from collaborations        
Total revenues $ 42,737 $ 3,391 $ 52,520 $ 6,922