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Condensed Consolidated Statements of Operations and Comprehensive Loss (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenue:        
Collaborative arrangement revenue $ 1,670 $ 109,674 $ 3,190 $ 111,976
Total revenues 7,472 198,890 20,267 220,753
Operating expenses:        
Research and development 144,315 156,308 298,793 310,431
Selling, general and administrative 78,576 68,628 165,451 141,876
Share of collaboration loss 10,071 0 10,071 0
Cost of royalty and other revenue 15,301 1,554 17,582 2,579
Change in fair value of contingent consideration 47 (1,655) 416 (4,763)
Total operating expenses 248,310 224,835 492,313 450,123
Loss from operations (240,838) (25,945) (472,046) (229,370)
Interest income, net 439 2,939 1,149 8,294
Other (expense) income, net (1,087) 1,551 23,669 (2,896)
Loss before income taxes (241,486) (21,455) (447,228) (223,972)
Income tax expense (216) (10) (282) (104)
Net loss $ (241,702) $ (21,465) $ (447,510) $ (224,076)
Net loss per share - basic: (in dollars per share) $ (3.58) $ (0.36) $ (6.66) $ (3.86)
Net loss per share - diluted: (in dollars per share) $ (3.58) $ (0.36) $ (6.66) $ (3.86)
Weighted-average number of common shares used in computing net loss per share - basic: (in shares) 67,487,000 60,384,000 67,233,000 57,987,000
Weighted-average number of common shares used in computing net loss per share - diluted: (in shares) 67,487,000 60,384,000 67,233,000 57,987,000
Other comprehensive (loss) income:        
Other comprehensive (loss) income, net of tax benefit (expense) of $0.0 million and $(0.1) million for the three and six months ended June 30, 2021 and 2020, respectively. $ (328) $ 399 $ (272) $ (507)
Comprehensive loss (242,030) (21,066) (447,782) (224,583)
Service revenue        
Revenue:        
Revenue 5,314 78,357 11,232 95,190
Royalty and other revenue        
Revenue:        
Revenue $ 488 $ 10,859 $ 5,845 $ 13,587