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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue        
Total revenue, net $ 54,515 $ 55,779 $ 130,418 $ 105,595
Operating expenses        
Cost of sales 6,769 2,447 8,753 4,302
Selling, general and administrative 47,759 52,169 144,964 148,898
Research and development 13,605 10,973 39,413 35,118
Other (income) expense, net 2,645 (311) (695) 647
Total cost of sales and operating expenses 70,778 65,278 192,435 188,965
Loss from operations (16,263) (9,499) (62,017) (83,370)
Interest expense (1,400) 0 (1,465) 0
Interest income 4,514 1,464 12,429 2,209
Net loss before income taxes (13,149) (8,035) (51,053) (81,161)
Income tax expense 298 954 92 973
Net loss (13,447) (8,989) (51,145) (82,134)
Other comprehensive loss:        
Unrealized gain (loss) on available-for-sale securities, net of tax of nil 73 326 114 (675)
Comprehensive loss $ (13,374) $ (8,663) $ (51,031) $ (82,809)
Basic loss per share (in usd per share) $ (0.09) $ (0.06) $ (0.36) $ (0.58)
Diluted loss per share (in usd per share) $ (0.09) $ (0.06) $ (0.36) $ (0.58)
Weighted-average common shares outstanding used in computation of basic loss per share (in shares) 142,847,000 141,856,000 143,085,000 141,831,000
Weighted-average common shares outstanding used in computation of diluted loss per share (in shares) 142,847,000 141,856,000 143,085,000 141,831,000
Product revenue, net        
Revenue        
Total revenue, net $ 40,781 $ 25,502 $ 116,218 $ 75,142
License, royalty and collaboration revenue        
Revenue        
Total revenue, net $ 13,734 $ 30,277 $ 14,200 $ 30,453