XML 55 R4.htm IDEA: XBRL DOCUMENT v3.20.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Product revenue, net $ 1,151 $ 0
Cost of goods sold 424 0
Gross profit 727 0
Operating expenses:    
Research and development 56,070 41,003
Selling, general and administrative 95,601 13,458
Total operating expenses 151,671 54,461
Loss from operations (150,944) (54,461)
Other income (expense):    
Non-cash interest expense on mandatorily redeemable preferred shares (5,561) 0
Non-cash interest expense on liability related to sale of future royalties (8,425) (6,817)
Change in fair value of derivative liability (5,781) 0
Loss from equity method investment (1,380) (900)
Other (152) (17)
Total other expense, net (21,299) (7,734)
Loss before provision for income taxes (172,243) (62,195)
Provision for income taxes 694 109
Net loss and comprehensive loss $ (172,937) $ (62,304)
Net loss per share - basic and diluted (in dollars per share) $ (3.07) $ (1.41)
Weighted average common shares outstanding - basic and diluted (shares) 56,412,439 44,242,070