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Segment Information (Tables)
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Segment and Geographic Area Information

Significant segment expenses are as follows (in thousands):

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2025

 

 

2024

 

 

 

 

 

 

 

 

Total revenues

 

$

24,453

 

 

$

11,684

 

DURAVYU™ direct research and development expense

 

 

(41,898

)

 

 

(13,710

)

Other direct research and development expense

 

 

(985

)

 

 

293

 

Personnel expense (including stock-based compensation)

 

 

(20,841

)

 

 

(24,224

)

Facilities expense

 

 

(1,409

)

 

 

(628

)

Depreciation and amortization

 

 

(497

)

 

 

(303

)

Intellectual property expense

 

 

(264

)

 

 

(318

)

Legal, corporate and professional expenses

 

 

(2,899

)

 

 

(3,075

)

Interest and other income, net

 

 

3,642

 

 

 

4,037

 

Other segment expenses*

 

 

(4,497

)

 

 

(3,040

)

Net loss

 

 

(45,195

)

 

 

(29,284

)

*Other segment expenses include cost of goods sold, other expenses required to operate as a public company, such as insurance, software and contracted services.