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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue        
Total revenue $ 70,008 $ 57,192 $ 132,473 $ 107,495
Operating expenses        
Cost of revenue 7,115 8,909 15,689 16,661
Selling, general and administrative 26,018 44,934 46,357 92,629
Research and development 7,432 4,080 13,175 9,631
Restructuring 114 1,072 1,647 7,755
Other expense (income), net 9,246 (290) 13,675 (4,415)
Total operating expenses 49,925 58,705 90,543 122,261
Income (loss) from operations 20,083 (1,513) 41,930 (14,766)
Interest income 3,190 4,189 6,759 8,715
Interest expense (1,117) (1,198) (2,184) (2,481)
Net income (loss) before income taxes 22,156 1,478 46,505 (8,532)
Income tax expense 643 756 1,648 1,495
Net income (loss) 21,513 722 44,857 (10,027)
Other comprehensive income (loss):        
Unrealized loss on available-for-sale securities (80) (5) (258) (129)
Comprehensive income (loss) $ 21,433 $ 717 $ 44,599 $ (10,156)
Earnings (loss) per share        
Basic (in usd per share) $ 0.16 $ 0.01 $ 0.33 $ (0.07)
Diluted (in usd per share) $ 0.16 $ 0.01 $ 0.32 $ (0.07)
Shares used in computing earnings (loss) per share        
Basic (in shares) 134,873 143,327 136,878 143,507
Diluted (in shares) 137,526 144,110 140,193 143,507
Net product sales        
Revenue        
Total revenue $ 66,574 $ 55,028 $ 126,545 $ 103,101
License, collaboration and royalty revenue        
Revenue        
Total revenue $ 3,434 $ 2,164 $ 5,928 $ 4,394