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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Product revenue, net $ 17,664 $ 0 $ 28,513 $ 0
Cost of goods sold 4,244 0 7,726 0
Gross profit 13,420 0 20,787 0
Operating expenses:        
Research and development 57,044 61,674 155,539 278,654
Selling, general and administrative 119,533 28,778 339,936 65,467
Total operating expenses 176,577 90,452 495,475 344,121
Loss from operations (163,157) (90,452) (474,688) (344,121)
Other income (expense):        
Interest expense (4,608) 0 (4,835) 0
Non-cash interest expense on mandatorily redeemable preferred shares (7,310) (4,378) (19,864) (8,333)
Non-cash interest expense on liability related to sale of future royalties (11,955) (7,312) (31,950) (19,284)
Change in fair value of derivatives (1,940) (1,717) (7,071) (2,980)
Loss from equity method investment (607) (1,993) (3,472) (4,308)
Other (3,062) 8 (3,278) (25)
Total other expense, net (29,482) (15,392) (70,470) (34,930)
Loss before provision for income taxes (192,639) (105,844) (545,158) (379,051)
Provision for income taxes 3,989 323 5,341 490
Net loss (196,628) (106,167) (550,499) (379,541)
Less: Net loss attributable to non-controlling interests (1,439) 0 (1,439) 0
Net loss attributable to Biohaven Pharmaceutical Holding Company Ltd. $ (195,189) $ (106,167) $ (549,060) $ (379,541)
Net loss per share attributable to Biohaven Pharmaceutical Holding Company Ltd - basic and diluted (in dollars per share) $ (3.27) $ (2.04) $ (9.42) $ (8.04)
Weighted average common shares outstanding - basic and diluted (shares) 59,677,989 52,077,240 58,282,697 47,210,615