XML 18 R5.htm IDEA: XBRL DOCUMENT v3.25.0.1
STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues      
Total revenues $ 333,615 $ 124,456 $ 52,158
Cost of goods sold      
Total cost of goods sold 50,556 17,795 4,117
Operating expenses      
Research and development 52,317 35,536 35,201
Selling, general and administrative 258,692 134,401 76,599
Total operating expenses 311,009 169,937 111,800
Loss from operations (27,950) (63,276) (63,759)
Interest expense (13,006) (4,950) (3,400)
Non-cash interest expense related to the sale of future royalties (7,088) (3,924) (1,673)
Other income, net 9,174 6,630 1,633
Loss before provision for income taxes (38,870) (65,520) (67,199)
Provision for income taxes 266 547 8
Net loss $ (39,136) $ (66,067) $ (67,207)
Net loss per share of common stock - basic (in dollars per share) $ (0.17) $ (0.30) $ (0.42)
Net loss per share of common stock - diluted (in dollars per share) $ (0.17) $ (0.30) $ (0.42)
Shares used in computing net loss per share - basic (in shares) 235,232,927 219,331,253 158,690,083
Shares used in computing net loss per share - diluted (in shares) 235,232,927 219,331,253 158,690,083
Comprehensive loss      
Net loss $ (39,136) $ (66,067) $ (67,207)
Unrealized (losses) gains on available-for-sale securities (167) 278 (48)
Comprehensive loss (39,303) (65,789) (67,255)
Product sales, net      
Revenues      
Total revenues 319,196 82,526 15,600
Cost of goods sold      
Total cost of goods sold 6,851 2,323 566
Product supply revenue      
Revenues      
Total revenues 11,649 6,121 1,527
Licensing revenue      
Revenues      
Total revenues 78 35,809 35,031
Non-cash royalty revenue related to the sale of future royalties      
Revenues      
Total revenues 2,692 0 0
Other cost of revenue      
Cost of goods sold      
Total cost of goods sold $ 43,705 $ 15,472 $ 3,551