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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Total revenues $ 318,852 $ 43,823
Operating expenses:    
Cost of sales 26,342 12,862
Research and development expense 119,099 107,111
Selling, general and administrative 227,243 159,523
Total operating expenses 372,684 279,496
Loss from operations (53,832) (235,673)
Other income (expense):    
Interest expense (17,216) (7,731)
Interest expense on mandatorily redeemable preferred shares (7,917) (7,943)
Interest expense on liability related to sale of future royalties (17,314) (13,508)
Change in fair value of derivatives 3,604 (210)
Gain from equity method investment 0 5,261
Other income (expense), net 81 (1,700)
Total other expense, net (38,762) (25,831)
Loss before provision for income taxes (92,594) (261,504)
Provision for income taxes 24,303 3,824
Net loss (116,897) (265,328)
Net loss attributable to non-controlling interests 498 360
Deemed dividend upon repurchase of preferred shares in consolidated subsidiary (92,673) 0
Net loss attributable to common shareholders of Biohaven Pharmaceutical Holding Company Ltd. $ (209,072) $ (264,968)
Net loss per share attributable to Biohaven Pharmaceutical Holding Company Ltd - basic (in dollars per share) $ (2.97) $ (4.27)
Net loss per share attributable to Biohaven Pharmaceutical Holding Company Ltd - diluted (in dollars per share) $ (2.97) $ (4.27)
Weighted average common shares outstanding - basic (shares) 70,332,274 62,040,715
Weighted average common shares outstanding - diluted (shares) 70,332,274 62,040,715
Comprehensive loss:    
Net loss $ (116,897) $ (265,328)
Other comprehensive (loss) income, net of tax (2,325) 95
Comprehensive loss (119,222) (265,233)
Less: comprehensive loss attributable to non-controlling interests 498 360
Comprehensive loss attributable to Biohaven Pharmaceutical Holding Company Ltd. (118,724) (264,873)
Product revenue, net    
Revenues:    
Total revenues 123,590 43,823
Collaboration and other revenue    
Revenues:    
Total revenues $ 195,262 $ 0