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Condensed Consolidated Statements of Earnings (Loss) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues        
Total revenues $ 192,103 $ 175,689 $ 507,380 $ 487,658
Costs and expenses        
Cost of revenues [1] 18,965 17,583 51,555 51,808
Research and development 29,366 29,036 78,408 80,149
Selling, general and administrative 179,678 69,753 363,173 242,173
Amortization of intangible assets 24,325 19,488 64,930 59,733
Contingent consideration loss (gain) 0 (1,016) 7,660 (6,466)
Total costs and expenses 252,334 134,844 565,726 427,397
Operating earnings (loss) (60,231) 40,845 (58,346) 60,261
Other income (expense)        
Interest and other income, net 2,277 4,098 11,230 11,227
Total other income (expense), net 2,277 4,098 11,230 11,227
Earnings (loss) before income taxes (57,954) 44,943 (47,116) 71,488
Income tax expense (benefit) (12,837) 6,446 (12,671) 12,951
Net earnings (loss) $ (45,117) $ 38,497 $ (34,445) $ 58,537
Earnings (Loss) per share        
Basic (in dollars per share) $ (0.80) $ 0.70 $ (0.61) $ 1.06
Diluted (in dollars per share) $ (0.80) $ 0.69 $ (0.61) $ 1.05
Weighted average shares outstanding        
Basic (in shares) 56,552,741 55,149,760 56,133,918 54,977,199
Diluted (in shares) 56,552,741 56,016,350 56,133,918 55,791,185
Net product sales        
Revenues        
Total revenues $ 168,542 $ 170,302 $ 468,525 $ 471,301
Collaboration revenue (ZURZUVAE)        
Revenues        
Total revenues 20,164 0 20,164 0
Royalty, licensing and other revenues        
Revenues        
Total revenues $ 3,397 $ 5,387 $ 18,691 $ 16,357
[1] Excludes amortization of intangible assets