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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues      
Product revenue, net $ 397,614,000 $ 266,719,000 $ 212,672,000
Collaboration revenue 1,374,000 0 2,368,000
Total revenues 398,988,000 266,719,000 215,040,000
Expenses      
Cost of product revenue (147,118,000) (95,816,000) (74,018,000)
Cost of collaboration revenue (742,000) 0 0
Research and development (234,504,000) (265,868,000) (286,408,000)
Selling, general and administrative (298,741,000) (281,608,000) (258,971,000)
Gain on sale of intellectual property 0 10,000,000 0
Loss from operations (282,117,000) (366,573,000) (404,357,000)
Interest income 37,105,000 39,797,000 14,582,000
Interest expenses (2,254,000) 0 0
Foreign currency losses (15,137,000) (14,850,000) (56,403,000)
Other income, net 5,300,000 7,006,000 3,113,000
Loss before income tax and share of loss from equity method investment (257,103,000) (334,620,000) (443,065,000)
Income tax expense 0 0 0
Share of loss from equity method investment 0 0 (221,000)
Net loss $ (257,103,000) $ (334,620,000) $ (443,286,000)
Loss per share — basic (in dollars per share) $ (0.26) $ (0.35) $ (0.46)
Loss per share — diluted (in dollars per share) $ (0.26) $ (0.35) $ (0.46)
Weighted-average shares used in calculating net loss per ordinary share — basic (in shares) 989,477,730 966,394,130 958,067,140
Weighted-average shares used in calculating net loss per ordinary share —diluted (in shares) 989,477,730 966,394,130 958,067,140