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Unaudited Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
Product revenue, net $ 69,228,000 $ 56,963,000 $ 200,889,000 $ 150,633,000
Collaboration revenue 0 577,000 0 1,806,000
Total revenues 69,228,000 57,540,000 200,889,000 152,439,000
Expenses:        
Cost of sales (25,479,000) (20,044,000) (70,579,000) (53,094,000)
Research and development (58,767,000) (99,524,000) (183,920,000) (219,462,000)
Selling, general, and administrative (68,552,000) (66,555,000) (198,982,000) (186,947,000)
Gain on sale of intellectual property 0 0 10,000,000 0
Loss from operations (83,570,000) (128,583,000) (242,592,000) (307,064,000)
Interest income 9,172,000 3,872,000 29,493,000 5,235,000
Foreign currency gain (loss) 4,852,000 (40,442,000) (26,315,000) (73,052,000)
Other income (expense), net 394,000 3,963,000 223,000 (6,415,000)
Loss before income tax and share of loss from equity method investment (69,152,000) (161,190,000) (239,191,000) (381,296,000)
Income tax expense 0 0 0 0
Share of loss from equity method investment 0 0 0 (221,000)
Net loss (69,152,000) (161,190,000) (239,191,000) (381,517,000)
Net loss attributable to ordinary shareholders - basic (69,152,000) (161,190,000) (239,191,000) (381,517,000)
Net loss attributable to ordinary shareholders - diluted $ (69,152,000) $ (161,190,000) $ (239,191,000) $ (381,517,000)
Loss per share/ADS - basic (in dollars per share) $ (0.07) $ (0.17) $ (0.25) $ (0.40)
Loss per share/ADS - diluted (in dollars per share) $ (0.07) $ (0.17) $ (0.25) $ (0.40)
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - basic (in shares) 968,767,730 959,085,960 965,060,570 957,439,910
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - diluted (in shares) 968,767,730 959,085,960 965,060,570 957,439,910
American Depositary Shares        
Expenses:        
Loss per share/ADS - basic (in dollars per share) $ (0.71) $ (1.68) $ (2.48) $ (3.98)
Loss per share/ADS - diluted (in dollars per share) $ (0.71) $ (1.68) $ (2.48) $ (3.98)
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - basic (in shares) 96,876,773 95,908,596 96,506,057 95,743,991
Weighted-average shares/ADSs used in calculating net loss per ordinary share/ADS - diluted (in shares) 96,876,773 95,908,596 96,506,057 95,743,991