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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Total revenue $ 7,145 $ 5,353
Operating expenses    
Selling, general and administrative 12,815 10,620
Research and development 8,788 13,593
Cost of goods sold 760 652
Total operating expenses 22,363 24,865
Loss from operations (15,218) (19,512)
Other income (expense)    
Gain on sale of business 87,443 0
Foreign exchange loss 0 (1)
Interest income 791 1,282
Interest expense 0 (58)
Total other income (expense), net 88,234 1,223
Net income (loss) 73,016 (18,289)
Other comprehensive income (loss):    
Unrealized loss on investments, net of tax (15) (35)
Comprehensive income (loss) $ 73,001 $ (18,324)
Net income (loss) per share:    
Basic (in dollars per share) $ 1.84 $ (0.68)
Diluted (in dollars per share) $ 1.83 $ (0.68)
Weighted average shares outstanding:    
Basic (in shares) 39,640,826 26,980,698
Diluted (in shares) 39,932,539 26,980,698
Product sales, net    
Total revenue $ 7,145 $ 5,353