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Unaudited Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:        
Product revenue, net $ 68,864,000 $ 47,575,000 $ 131,661,000 $ 93,670,000
Collaboration revenue 0 601,000 0 1,230,000
Total revenues 68,864,000 48,176,000 131,661,000 94,900,000
Expenses:        
Cost of sales (23,763,000) (17,407,000) (45,100,000) (33,051,000)
Research and development (76,682,000) (66,084,000) (125,153,000) (119,938,000)
Selling, general, and administrative (67,920,000) (63,401,000) (130,430,000) (120,392,000)
Gain on sale of intellectual property 10,000,000 0 10,000,000 0
Loss from operations (89,501,000) (98,716,000) (159,022,000) (178,481,000)
Interest income 10,090,000 1,175,000 20,321,000 1,363,000
Foreign currency loss (40,079,000) (34,895,000) (31,167,000) (32,610,000)
Other expense, net (1,405,000) (5,497,000) (171,000) (10,378,000)
Loss before income tax and share of loss from equity method investment (120,895,000) (137,933,000) (170,039,000) (220,106,000)
Income tax expense 0 0 0 0
Share of loss from equity method investment 0 0 0 (221,000)
Net loss (120,895,000) (137,933,000) (170,039,000) (220,327,000)
Net loss attributable to ordinary shareholders - basic (120,895,000) (137,933,000) (170,039,000) (220,327,000)
Net loss attributable to ordinary shareholders - diluted $ (120,895,000) $ (137,933,000) $ (170,039,000) $ (220,327,000)
Loss per share/ADS - basic (in dollars per share) $ (0.13) $ (0.14) $ (0.18) $ (0.23)
Loss per share/ADS - diluted (in dollars per share) $ (0.13) $ (0.14) $ (0.18) $ (0.23)
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - basic (in shares) 964,817,310 957,684,820 963,140,360 956,603,250
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - diluted (in shares) 964,817,310 957,684,820 963,140,360 956,603,250
American Depositary Shares        
Expenses:        
Loss per share/ADS - basic (in dollars per share) $ (1.25) $ (1.44) $ (1.77) $ (2.30)
Loss per share/ADS - diluted (in dollars per share) $ (1.25) $ (1.44) $ (1.77) $ (2.30)
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - basic (in shares) 96,481,731 95,768,482 96,314,036 95,660,325
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - diluted (in shares) 96,481,731 95,768,482 96,314,036 95,660,325