XML 13 R4.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Total revenues $ 10,524 $ 15,202 $ 31,685 $ 31,990
Operating expenses:        
Cost of sales 736 1,202 2,896 3,634
Research and development 29,542 17,363 89,554 46,711
Sales and marketing 24 479 80 11,504
General and administrative 12,970 10,556 39,770 28,854
Total operating expenses 43,272 29,600 132,300 90,703
Loss from operations (32,748) (14,398) (100,615) (58,713)
Other (expense) income:        
Interest and other income, net 3,387 1,786 11,144 4,611
Interest expense 0 0 0 (1,247)
Loss on extinguishment of debt 0 0 0 (1,347)
Total other income, net 3,387 1,786 11,144 2,017
Net loss $ (29,361) $ (12,612) $ (89,471) $ (56,696)
Net loss per share - basic $ (0.54) $ (0.33) $ (1.67) $ (1.5)
Net loss per share - diluted $ (0.54) $ (0.33) $ (1.67) $ (1.5)
Weighted average common shares outstanding - basic 54,449 38,341 53,526 37,804
Weighted average common shares outstanding - diluted 54,449 38,341 53,526 37,804
Net Income (Loss) $ (29,361) $ (12,612) $ (89,471) $ (56,696)
Other comprehensive gain (loss):        
Unrealized gain (loss) on available-for-sale securities 379 (1) 307 55
Comprehensive loss (28,982) (12,613) (89,164) (56,641)
Product [Member]        
Revenues:        
Total revenues 664 816 2,390 13,483
License and Collaboration Agreements [Member]        
Revenues:        
Total revenues 9,561 14,137 27,906 17,768
Royalty Income [Member]        
Revenues:        
Total revenues $ 299 $ 249 $ 1,389 $ 739