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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues        
Total revenues $ 413,351,000 $ 261,404,000 $ 781,092,000 $ 503,160,000
Cost and expenses        
Research and development 89,109,000 78,173,000 177,746,000 160,479,000
Selling, general and administrative 197,965,000 152,508,000 392,243,000 302,135,000
Total cost and expenses 457,253,000 373,830,000 899,308,000 753,887,000
Loss from operations (43,902,000) (112,426,000) (118,216,000) (250,727,000)
Interest expense (3,127,000) (3,177,000) (6,251,000) (6,238,000)
Interest and other income, net 10,457,000 4,518,000 20,724,000 9,103,000
Loss before income taxes (36,572,000) (111,085,000) (103,743,000) (247,862,000)
Income tax (expense) benefit (892,000) 282,000 (1,320,000) 122,000
Net loss (37,464,000) (110,803,000) (105,063,000) (247,740,000)
Unrealized gain on available-for-sale securities, net of tax 834,000 2,595,000 1,727,000 7,159,000
Comprehensive loss $ (36,630,000) $ (108,208,000) $ (103,336,000) $ (240,581,000)
Net loss per share (Note 12):        
Basic (in dollars per share) $ (0.30) $ (0.97) $ (0.86) $ (2.20)
Diluted (in dollars per share) $ (0.30) $ (0.97) $ (0.86) $ (2.20)
Weighted-average number of shares used in computing basic and diluted net loss per share:        
Basic (in shares) 122,853 113,690 121,834 112,734
Diluted (in shares) 122,853 113,690 121,834 112,734
Product        
Revenues        
Total revenues $ 411,364,000 $ 258,256,000 $ 776,036,000 $ 496,053,000
Cost and expenses        
Cost of revenues 169,850,000 142,808,000 328,683,000 290,562,000
Licensing and other        
Revenues        
Total revenues 1,987,000 3,148,000 5,056,000 7,107,000
Cost and expenses        
Cost of revenues $ 329,000 $ 341,000 $ 636,000 $ 711,000