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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Pfizer collaboration revenue $ 25,172 $ 1,379 $ 79,853 $ 1,379
Total revenues 54,440 1,379 173,405 34,712
Collaboration expense to Pfizer 12,086 0 25,912 0
Research and development 25,726 30,453 82,886 115,160
Selling, general and administrative [1] 72,125 49,243 192,118 103,387
Total operating costs and expenses 114,180 79,696 308,813 218,547
Loss from operations (59,740) (78,317) (135,408) (183,835)
Interest expense [2] 3,479 2,609 10,478 6,908
Interest income (70) (32) (248) (178)
Foreign exchange gain 0 (5,891) 0 (16,178)
Loss before income taxes (63,149) (75,003) (145,638) (174,387)
Income tax expense (benefit) 296 (1,154) 1,058 (616)
Net loss $ (63,445) $ (73,849) $ (146,696) $ (173,771)
Net loss per common share - basic (in USD per share) $ (0.68) $ (0.82) $ (1.59) $ (1.94)
Net loss per common share - diluted (in USD per share) $ (0.68) $ (0.82) $ (1.59) $ (1.94)
Weighted average common shares outstanding - basic (in shares) 93,474,985 90,096,557 92,514,657 89,715,160
Weighted average common shares outstanding - diluted (in shares) 93,474,985 90,096,557 92,514,657 89,715,160
Product revenue, net        
Revenues $ 29,268 $ 0 $ 61,885 $ 0
Cost of revenue 4,243 0 7,897 0
Richter license and milestone revenue        
Revenues $ 0 $ 0 $ 31,667 $ 33,333
[1] Includes $1,337 and $3,784 of related party expense (inclusive of third-party pass-through costs) for the three and nine months ended December 31, 2021, respectively. Includes $1,671 and $3,076 of related party expense (inclusive of third-party pass-through costs) for the three and nine months ended December 31, 2020, respectively (see Note 5).
[2] Includes $2,871 and $8,660 of interest expense under the Sumitomo Dainippon Pharma Loan Agreement for the three and nine months ended December 31, 2021, respectively. Includes $2,569 and $6,868 of interest expense under the Sumitomo Dainippon Pharma Loan Agreement for the three and nine months ended December 31, 2020, respectively (see Note 5).