XML 28 R5.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Total revenue $ 24,354,000 $ 15,216,000
Operating expenses    
Selling, general and administrative 44,549,000 40,176,000
Research and development 48,929,000 32,662,000
Cost of goods sold 2,809,000 1,335,000
Impairment of acquired contract intangible asset 0 3,724,000
Total operating expenses 96,287,000 77,897,000
Loss from operations (71,933,000) (62,681,000)
Other income (expense)    
Foreign exchange loss (1,000) 0
Interest income 6,400,000 2,398,000
Interest expense (231,000) (230,000)
Total other income, net 6,168,000 2,168,000
Loss before income tax expense (65,765,000) (60,513,000)
Income tax expense 0 0
Net loss (65,765,000) (60,513,000)
Other comprehensive income (loss):    
Unrealized income (loss) on available-for-sale debt securities 142,000 (115,000)
Comprehensive loss $ (65,623,000) $ (60,628,000)
Net loss per share, basic (in dollars per share) $ (2.44) $ (2.69)
Net loss per share, diluted (in dollars per share) $ (2.44) $ (2.69)
Weighted average number of common shares outstanding, basic (in shares) 26,917,967 22,511,237
Weighted average number of common shares outstanding, diluted (in shares) 26,917,967 22,511,237
Product sales, net    
Total revenue $ 24,354,000 $ 15,216,000