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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
Total revenues $ 102,688 $ 57,244 $ 287,636 $ 153,446
Operating costs and expenses:        
Cost of sales [1] 14,167 9,665 36,158 23,198
Research and development 83,662 8,310 91,178 15,696
Selling, general and administrative [1] 33,560 13,649 91,674 42,997
Amortization of intangible assets 8,487 518 23,506 518
Total operating costs and expenses 139,876 32,142 242,516 82,409
Operating income (loss) (37,188) 25,102 45,120 71,037
Other income (expense), net (833) 905 2,684 674
Net income (loss) before income taxes (38,021) 26,007 47,804 71,711
Income tax provision (benefit) (7,257) 3,259 11,238 14,103
Net income (loss) $ (30,764) $ 22,748 $ 36,566 $ 57,608
Net income (loss) per share:        
Basic $ (0.29) $ 0.22 $ 0.34 $ 0.56
Diluted $ (0.29) $ 0.2 $ 0.32 $ 0.52
Weighted average shares outstanding:        
Basic 106,568,137 103,318,572 106,133,077 102,967,280
Diluted 106,568,137 111,986,025 113,751,370 110,352,214
Net income (loss) $ (30,764) $ 22,748 $ 36,566 $ 57,608
Other comprehensive income (loss) (Note 4):        
Unrealized gain (loss) on available-for-sale securities, net of tax of $1, ($52), $3 and ($59), respectively (4) 162 (9) 180
Comprehensive income (loss) (30,768) 22,910 36,557 57,788
Product revenue, net [Member]        
Revenues:        
Total revenues 102,617 57,173 287,398 153,255
License and other revenue [Member]        
Revenues:        
Total revenues $ 71 $ 71 $ 238 $ 191
[1] exclusive of amortization of intangible assets