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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Total revenues $ 104,824 $ 77,902 $ 221,316 $ 118,965
Collaboration expense to Pfizer 22,418 8,565 40,434 13,826
Selling, general and administrative [1] 84,259 58,781 163,291 119,993
Research and development 26,916 26,280 50,806 57,160
Total operating costs and expenses 138,535 96,248 264,388 194,633
Loss from operations (33,711) (18,346) (43,072) (75,668)
Interest expense [2] 4,813 3,494 9,013 6,999
Interest income (1,018) (100) (1,504) (178)
Loss before income taxes (37,506) (21,740) (50,581) (82,489)
Income tax expense (benefit) 8,113 (149) 16,277 762
Net loss and comprehensive loss (45,619) (21,591) (66,858) (83,251)
Net loss and comprehensive loss $ (45,619) $ (21,591) $ (66,858) $ (83,251)
Net loss per common share - basic (in USD per share) $ (0.47) $ (0.23) $ (0.70) $ (0.90)
Net loss per common share - diluted (in USD per share) $ (0.47) $ (0.23) $ (0.70) $ (0.90)
Weighted average common shares outstanding - basic (in shares) 96,211,190 92,355,150 95,801,991 92,019,987
Weighted average common shares outstanding - diluted (in shares) 96,211,190 92,355,150 95,801,991 92,019,987
Product revenue, net        
Total revenues $ 49,947 $ 21,063 $ 91,298 $ 32,617
Cost of product revenue 4,942 2,622 9,857 3,654
Pfizer collaboration revenue        
Total revenues 54,577 25,172 79,718 54,681
Accord license revenue        
Total revenues 0 0 50,000 0
Richter license and milestone revenue        
Total revenues $ 300 $ 31,667 $ 300 $ 31,667
[1] Includes $1,241 and $2,404 of related party expense (inclusive of third-party pass-through costs) for the three and six months ended September 30, 2022, respectively. 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. See Note 5.
[2] Includes $4,813 and $8,445 of interest expense under the Sumitomo Pharma Loan Agreement for the three and six months ended September 30, 2022, respectively. Includes $2,885 and $5,789 of interest expense under the Sumitomo Pharma Loan Agreement for the three and six months ended September 30, 2021, respectively. See Note 5(C).