XML 16 R4.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenue:    
Total revenue $ 202,741 $ 4,657
Operating expenses:    
Royalty fees 20,010  
Research and development [1] 12,352 4,118
Sales and marketing [1] 2,578 437
General and administrative [1] 6,422 1,650
Depreciation and amortization 3,305 574
Total operating expenses 44,667 6,779
Income (loss) from operations 158,074 (2,122)
Other (income) expense    
Other (income) expense (265) 1,001
Grants and incentives (3,148) (1,030)
Total other income (3,413) (29)
Net earnings (loss) before income tax 161,487 (2,093)
Provision for income tax 44,266  
Net earnings (loss) and comprehensive income (loss) for the period $ 117,221 $ (2,093)
Net earnings (loss) per share attributable to common shareholders    
Basic $ 0.43 $ (0.01)
Diluted $ 0.37 $ (0.01)
Weighted-average common shares outstanding    
Basic 269,697,212 151,859,924
Diluted 320,282,747 151,859,924
Research Fees    
Revenue:    
Total revenue $ 3,986 $ 4,657
Licensing Revenue    
Revenue:    
Total revenue 20,259  
Milestone Payments    
Revenue:    
Total revenue 7,000  
Royalty Revenue    
Revenue:    
Total revenue $ 171,496  
[1] Exclusive of depreciation and amortization