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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenue    
Total revenue $ 77,705 $ 62,465
Operating expenses    
Cost of revenue 6,505 8,574
Selling, general and administrative 22,029 20,339
Research and development 7,470 5,743
Restructuring 0 1,533
Other expense, net 279 4,429
Total operating expenses 36,283 40,618
Income from operations 41,422 21,847
Interest income 3,515 3,569
Interest expense (1,012) (1,067)
Net income before income taxes 43,925 24,349
Income tax expense 9,570 1,005
Net income 34,355 23,344
Other comprehensive income:    
Unrealized loss on available-for-sale securities (281) (178)
Comprehensive income $ 34,074 $ 23,166
Earnings per share    
Basic (in usd per share) $ 0.26 $ 0.17
Diluted (in usd per share) $ 0.25 $ 0.16
Shares used in computing earnings per share    
Basic (in shares) 132,375 138,917
Diluted (in shares) 137,639 143,199
Net product sales    
Revenue    
Total revenue $ 73,563 $ 59,971
License, collaboration and royalty revenue    
Revenue    
Total revenue $ 4,142 $ 2,494