XML 15 R4.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue:        
Total revenue $ 45,917 $ 27,643 $ 362,497 $ 230,384
Operating expenses:        
Royalty fees 5,210 3,610 49,847 23,622
Research and development [1] 26,685 15,046 53,052 27,403
Sales and marketing [1] 3,120 1,295 5,490 3,869
General and administrative [1] 14,412 11,203 28,680 17,688
Depreciation and amortization 4,886 3,522 8,875 6,827
Total operating expenses 54,313 34,676 145,944 79,409
Income (loss) from operations (8,396) (7,033) 216,553 150,975
Other (income) expense        
Other (income) expense 25 (314) (641) (645)
Grants and incentives (1,535) (4,646) (6,730) (7,794)
Total other (income) (1,510) (4,960) (7,371) (8,439)
Net earnings (loss) before income tax (6,886) (2,073) 223,924 159,414
Income tax (recovery) expense (101) 250 62,136 44,516
Net earnings (loss) (6,785) (2,323) 161,788 114,898
Foreign currency translation adjustment (211) 2,152 296 2,152
Comprehensive income (loss) $ (6,996) $ (171) $ 162,084 $ 117,050
Net earnings (loss) per share attributable to common shareholders        
Basic $ (0.02) $ (0.01) $ 0.57 $ 0.42
Diluted $ (0.02) $ (0.01) $ 0.52 $ 0.36
Weighted-average common shares outstanding        
Basic 284,686,542 272,196,107 284,292,312 270,953,541
Diluted 284,686,542 272,196,107 313,361,183 321,555,443
Research Fees        
Revenue:        
Total revenue $ 12,538 $ 5,215 $ 21,871 $ 9,201
Licensing Revenue        
Revenue:        
Total revenue 147 263 377 20,522
Milestone Payments        
Revenue:        
Total revenue   1,000   8,000
Royalty Revenue        
Revenue:        
Total revenue $ 33,232 $ 21,165 $ 340,249 $ 192,661
[1] Exclusive of depreciation and amortization