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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues:      
Total revenues $ 74,205 $ 86,180 $ 1,615,797
Operating expenses:      
Cost of revenue 845 2,765 146,319
Research and development 506,499 579,720 474,648
Selling, general and administrative 119,031 174,441 161,762
Restructuring, long-lived assets impairment and related charges 34,995 13,559 0
Total operating expenses 661,370 770,485 782,729
(Loss) income from operations (587,165) (684,305) 833,068
Other income (loss):      
Change in fair value of equity investments (5,528) (21,888) (111,140)
Interest income 71,809 86,990 28,092
Other (expense) income, net (2,221) (8,991) 4,260
Total other income (loss) 64,060 56,111 (78,788)
(Loss) income before benefit from (provision for) income taxes (523,105) (628,194) 754,280
Benefit from (provision for) income taxes 1,145 13,077 (238,443)
Net (loss) income (521,960) (615,117) 515,837
Net loss attributable to noncontrolling interest 0 (56) 0
Net (loss) income attributable to VirBio $ (521,960) $ (615,061) $ 515,837
Net (loss) income per share attributable to VirBio, basic (in USD per share) $ (3.83) $ (4.59) $ 3.89
Net (loss) income per share attributable to VirBio, diluted (in USD per share) $ (3.83) $ (4.59) $ 3.83
Weighted-average shares outstanding, basic (in shares) 136,246,865 134,130,924 132,606,767
Weighted-average shares outstanding, diluted (in shares) 136,246,865 134,130,924 134,810,908
Collaboration revenue      
Revenues:      
Total revenues $ 8,379 $ 37,266 $ 1,505,469
Contract revenue      
Revenues:      
Total revenues 55,333 2,228 52,714
License revenue from a related party      
Revenues:      
Total revenues 0 0 22,289
Grant revenue      
Revenues:      
Total revenues $ 10,493 $ 46,686 $ 35,325