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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Total revenues $ 9,477 $ 9,105 $ 21,161 $ 16,788
Operating expenses:        
Cost of sales 1,401 1,792 2,160 2,432
Research and development 29,822 15,730 60,011 29,348
Sales and marketing 50 5,288 56 11,025
General and administrative 12,750 9,056 26,801 18,298
Total operating expenses 44,023 31,866 89,028 61,103
Loss from operations (34,546) (22,761) (67,867) (44,315)
Other (expense) income:        
Interest and other income, net 3,720 1,623 7,757 2,825
Interest expense 0 (435) 0 (1,247)
Loss on extinguishment of debt 0 (1,347) 0 (1,347)
Total other (expense) income, net 3,720 (159) 7,757 231
Net loss $ (30,826) $ (22,920) $ (60,110) $ (44,084)
Net loss per share - basic $ (0.58) $ (0.61) $ (1.13) $ (1.17)
Net loss per share - diluted $ (0.58) $ (0.61) $ (1.13) $ (1.17)
Weighted average common shares outstanding - basic 53,206 37,576 53,059 37,531
Weighted average common shares outstanding - diluted 53,206 37,576 53,059 37,531
Net Income (Loss) $ (30,826) $ (22,920) $ (60,110) $ (44,084)
Other comprehensive gain (loss):        
Unrealized gain (loss) on available-for-sale securities (44) (1) (72) 56
Comprehensive loss (30,870) (22,921) (60,182) (44,028)
Product [Member]        
Revenues:        
Total revenues 1,068 5,273 1,726 12,667
License and Collaboration Agreements [Member]        
Revenues:        
Total revenues 7,782 3,597 18,345 3,631
Royalty Income [Member]        
Revenues:        
Total revenues $ 627 $ 235 $ 1,090 $ 490