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Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues        
Revenues $ 30,773 $ 98,912 $ 71,692 $ 133,122
Operating Expenses        
Cost of revenues 14,105 17,364 28,775 25,457
Research and development 47,855 43,968 133,459 119,114
General and administrative 21,030 15,859 57,293 46,246
Provision for credit losses and other 5,131 7,770 5,781 7,887
Total operating expenses 88,121 84,961 225,308 198,704
Income (loss) from operations (57,348) 13,951 (153,616) (65,582)
Other Income (Expense) (58,435) 8,304 (167,108) (64,951)
Interest income from licensing 117 1,444 700 4,141
Investment income (loss) 5,535 (6,607) 6,514 (4,071)
Interest expense (6,709)   (19,777)  
Total other income (expense) (1,057) (5,163) (12,563) 70
Income (loss) before income taxes (58,405) 8,788 (166,179) (65,512)
Income Tax Benefit (Expense)   3 (4) 503
Net income (loss) (58,405) 8,791 (166,183) (65,009)
Other Comprehensive Income (Loss)        
Unrealized gain (loss) on available-for-sale securities, net (30) (487) (925) 58
Total other comprehensive income (loss) (30) (487) (925) 58
Comprehensive income (loss) $ (58,435) $ 8,304 $ (167,108) $ (64,951)
Net income (loss) per share:        
Basic $ (1.37) $ 0.24 $ (3.93) $ (1.75)
Diluted $ (1.37) $ 0.23 $ (3.93) $ (1.75)
Weighted-average common shares outstanding:        
Basic 42,629 37,342 42,324 37,234
Diluted 42,629 38,877 42,324 37,234
License and royalty [Member]        
Revenues        
Revenues $ 30,773 $ 98,912 $ 71,692 $ 133,122