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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenue:    
Total revenue $ 57,424,000 $ 51,346,000
Expenses:    
Research and development [1] 40,621,000 63,392,000
Selling, general and administrative [1] 70,095,000 67,073,000
Restructuring and related expenses [1] 2,743,000 12,838,000
Total expenses 113,459,000 143,303,000
Loss from operations (56,035,000) (91,957,000)
Interest expense [2] (2,350,000) (6,369,000)
Loss on extinguishment of debt   (3,034,000)
Interest income and other income (expense), net 9,116,000 8,545,000
Loss from continuing operations before income taxes (49,269,000) (92,815,000)
Provision for income tax expense (5,924,000) (9,000)
Net loss from continuing operations (55,193,000) (92,824,000)
Income from discontinued operations before income taxes   1,143,930,000
Provision for income tax expense   (178,974,000)
Net income from discontinued operations   964,956,000
Net Income (Loss) $ (55,193,000) $ 872,132,000
Net income (loss) per share:    
Continuing operations - basic (in dollars per share) $ (1.00) $ (1.26)
Continuing operations - diluted (in dollars per share) (1.00) (1.26)
Discontinued operations - basic (in dollars per share)   13.11
Discontinued operations - diluted (in dollars per share)   13.11
Net income (loss) - basic (in dollars per share) (1.00) 11.85
Net income (loss) - diluted (in dollars per share) $ (1.00) $ 11.85
Shares used to compute net income (loss) per share - basic 55,303 73,591
Shares used to compute net income (loss) per share - diluted 55,303 73,591
Viatris collaboration agreement    
Revenue:    
Total revenue $ 57,201,000 $ 48,624,000
Viatris royalties (Non-US)    
Revenue:    
Total revenue 7,000 30,000
Collaboration revenue    
Revenue:    
Total revenue $ 216,000 192,000
Licensing revenue    
Revenue:    
Total revenue   $ 2,500,000
[1] Amounts include share-based compensation expense as follows:
[2] Interest expense for the year ended December 31, 2023 was comprised of non-cash interest expense only.