XML 43 R4.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:      
Total revenues $ 1,615,797 $ 1,095,415 $ 76,368
Operating expenses:      
Cost of revenue 146,319 65,865 0
Research and development 474,648 448,006 302,411
Selling, general and administrative 161,762 160,793 70,937
Total operating expenses 782,729 674,664 373,348
Income (loss) from operations 833,068 420,751 (296,980)
Other income (expense):      
Change in fair value of equity investments (111,140) 138,049 0
Interest income 28,092 439 2,836
Other expense, net 4,260 (9,437) (4,467)
Total other income (expense) (78,788) 129,051 (1,631)
Income (loss) before provision for income taxes 754,280 549,802 (298,611)
Provision for income taxes (238,443) (21,218) (54)
Net income (loss) $ 515,837 $ 528,584 $ (298,665)
Net income (loss) per share, basic $ 3.89 $ 4.07 $ (2.51)
Net income (loss) per share, diluted $ 3.83 $ 3.96 $ (2.51)
Weighted-average shares outstanding, basic 132,606,767 129,884,967 119,159,424
Weighted-average shares outstanding, diluted 134,810,908 133,437,126 119,159,424
Collaboration Revenue [Member]      
Revenues:      
Revenues from contract with customers $ 1,505,469 $ 917,194 $ 0
Contract Revenue [Member]      
Revenues:      
Revenues from contract with customers 52,714 169,874 44,498
Grant Revenue [Member]      
Revenues:      
Revenues not from contract 35,325 8,347 9,123
License [Member]      
Revenues:      
Revenues from contract with customers $ 22,289 $ 0 $ 22,747