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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Total revenues $ 100,229 $ 54,440 $ 321,545 $ 173,405
Collaboration expense to Pfizer 26,808 12,086 67,242 25,912
Selling, general and administrative [1] 86,380 72,125 249,671 192,118
Research and development 31,518 25,726 82,324 82,886
Total operating costs and expenses 152,124 114,180 416,512 308,813
Loss from operations (51,895) (59,740) (94,967) (135,408)
Interest expense [2] 6,118 3,479 15,131 10,478
Interest income (1,591) (70) (3,095) (248)
Loss before income taxes (56,422) (63,149) (107,003) (145,638)
Income tax expense 1,205 296 17,482 1,058
Net loss and comprehensive loss (57,627) (63,445) (124,485) (146,696)
Net loss and comprehensive loss $ (57,627) $ (63,445) $ (124,485) $ (146,696)
Net loss per common share - basic (in USD per share) $ (0.59) $ (0.68) $ (1.29) $ (1.59)
Net loss per common share - diluted (in USD per share) $ (0.59) $ (0.68) $ (1.29) $ (1.59)
Weighted average common shares outstanding - basic (in shares) 96,859,108 93,474,985 96,155,644 92,514,657
Weighted average common shares outstanding - diluted (in shares) 96,859,108 93,474,985 96,155,644 92,514,657
Product revenue, net        
Total revenues $ 61,422 $ 29,268 $ 152,720 $ 61,885
Cost of product revenue 7,418 4,243 17,275 7,897
Pfizer collaboration revenue        
Total revenues 29,307 25,172 109,025 79,853
Accord license and milestone revenue        
Total revenues 5,000 0 55,000 0
Richter license and milestone revenue        
Total revenues 4,000 0 4,300 31,667
Other revenue        
Total revenues $ 500 $ 0 $ 500 $ 0
[1] Includes $1,362 and $3,766 of related party expense (inclusive of third-party pass-through costs) for the three and nine months ended December 31, 2022, respectively. 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. See Note 5.
[2] Includes $6,118 and $14,563 of interest expense under the Sumitomo Pharma Loan Agreement for the three and nine months ended December 31, 2022, respectively. Includes $2,871 and $8,660 of interest expense under the Sumitomo Pharma Loan Agreement for the three and nine months ended December 31, 2021, respectively. See Note (5C).