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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Pfizer collaboration revenue $ 25,172 $ 0 $ 54,681 $ 0
Total revenues 77,902 0 118,965 33,333
Collaboration expense to Pfizer 8,565 0 13,826 0
Research and development 26,280 40,521 57,160 84,707
Selling, general and administrative [1] 58,781 31,316 119,993 54,144
Total operating costs and expenses 96,248 71,837 194,633 138,851
Loss from operations (18,346) (71,837) (75,668) (105,518)
Interest expense [2] 3,494 2,115 6,999 4,299
Interest income (100) (38) (178) (146)
Foreign exchange gain 0 (6,718) 0 (10,287)
Loss before income taxes (21,740) (67,196) (82,489) (99,384)
Income tax (benefit) expense (149) (134) 762 538
Net loss $ (21,591) $ (67,062) $ (83,251) $ (99,922)
Net loss per common share - basic (in USD per share) $ (0.23) $ (0.75) $ (0.90) $ (1.12)
Net loss per common share - diluted (in USD per share) $ (0.23) $ (0.75) $ (0.90) $ (1.12)
Weighted average common shares outstanding - basic (in shares) 92,355,150 89,744,142 92,019,987 89,523,389
Weighted average common shares outstanding - diluted (in shares) 92,355,150 89,744,142 92,019,987 89,523,389
Product revenue, net        
Revenues $ 21,063 $ 0 $ 32,617 $ 0
Cost of revenue 2,622 0 3,654 0
Richter license and milestone revenue        
Revenues $ 31,667 $ 0 $ 31,667 $ 33,333
[1] Includes $1,173 and $2,447 of related party expense (inclusive of third-party pass-through costs) for the three and six months ended September 30, 2021, respectively. Includes $1,291 and $1,405 of related party expense (inclusive of third-party pass-through costs) for the three and six months ended September 30, 2020, respectively (see Note 5).
[2] Includes $2,885 and $5,789 of interest expense under the Sumitomo Dainippon Pharma Loan Agreement for the three and six months ended September 30, 2021, respectively. Includes $2,115 and $4,299 of interest expense under the Sumitomo Dainippon Pharma Loan Agreement for the three and six months ended September 30, 2020, respectively (see Note 5).