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CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Total revenues $ 73,222 $ 22,333 $ 119,245 $ 33,702
Cost of goods sold:        
Total cost of goods sold 9,436 3,489 16,564 5,026
Operating expenses:        
Research and development 12,762 8,282 23,341 17,375
Selling, general and administrative 64,654 27,186 117,648 53,989
Total operating expenses 77,416 35,468 140,989 71,364
Loss from operations (13,630) (16,624) (38,308) (42,688)
Interest expense (3,326) (1,075) (5,682) (2,103)
Non-cash interest expense related to the sale of future royalties (1,576) (968) (3,278) (1,937)
Other income, net 2,145 1,546 4,484 2,848
Loss before provision for income taxes (16,387) (17,121) (42,784) (43,880)
Provision for income taxes 67 0 188 14
Net loss $ (16,454) $ (17,121) $ (42,972) $ (43,894)
Net loss per share of common stock - basic (in dollars per share) $ (0.07) $ (0.08) $ (0.18) $ (0.21)
Net loss per share of common stock - diluted (in dollars per share) $ (0.07) $ (0.08) $ (0.18) $ (0.21)
Shares used in computing net loss per share - basic (in shares) 234,571,192 214,951,127 233,818,576 211,009,029
Shares used in computing net loss per share - diluted (in shares) 234,571,192 214,951,127 233,818,576 211,009,029
Comprehensive loss:        
Net loss $ (16,454) $ (17,121) $ (42,972) $ (43,894)
Unrealized losses on available-for-sale securities (81) (190) (325) (156)
Comprehensive loss (16,535) (17,311) (43,297) (44,050)
Product sales        
Revenues:        
Total revenues 72,591 18,309 116,103 29,664
Cost of goods sold:        
Total cost of goods sold 1,405 492 2,418 864
Product supply revenue        
Revenues:        
Total revenues 13 3,260 2,139 3,262
Licensing revenue        
Revenues:        
Total revenues 19 764 36 776
Non-cash royalty revenue related to the sale of future royalties        
Revenues:        
Total revenues 599 0 967 0
Other cost of revenue        
Cost of goods sold:        
Total cost of goods sold $ 8,031 $ 2,997 $ 14,146 $ 4,162