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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Total revenue $ (40,629) $ 177,068 $ 1,191,830 $ 179,052
Operating expenses:        
Cost of Revenue 27,921 1,144 118,070 1,152
Research and development 115,082 86,126 205,309 220,996
Selling, general and administrative 41,590 28,781 79,845 54,520
Total operating expenses 184,593 116,051 403,224 276,668
(Loss) income from operations (225,222) 61,017 788,606 (97,616)
Other (expense) income:        
Change in fair value of equity investments (11,390) 0 (106,429) 0
Interest income 2,200 97 2,588 261
Other income (expense), net 691 752 3,421 (9,494)
Total other (expense) income (8,499) 849 (100,420) (9,233)
(Loss) income before benefit from (provision for) income taxes (233,721) 61,866 688,186 (106,849)
Benefit from (provision for) income taxes 157,228 (53) (246,058) (249)
Net (loss) income $ (76,493) $ 61,813 $ 442,128 $ (107,098)
Net (loss) income per share, basic $ (0.58) $ 0.48 $ 3.34 $ (0.83)
Net (loss) income per share, diluted $ (0.58) $ 0.46 $ 3.28 $ (0.83)
Weighted-average shares outstanding, basic 132,450,018 130,121,943 132,326,244 128,938,851
Weighted-average share outstanding, diluted 132,450,018 133,789,977 134,643,840 128,938,851
Collaboration Revenue [Member]        
Revenues:        
Total revenue $ (54,941) $ 5,333 $ 1,174,715 $ 5,333
Contract Revenue [Member]        
Revenues:        
Total revenue 12,254 168,653 12,536 169,266
Grant Revenue        
Revenues:        
Total revenue $ 2,058 $ 3,082 $ 4,579 $ 4,453