XML 19 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue:        
Product revenue, net $ 99,135 $ 12,095 $ 158,296 $ 19,799
Costs and operating expenses:        
Research and development 16,485 19,236 51,100 71,864
Selling, general and administrative 24,677 20,759 70,736 63,207
Total operating expenses 52,722 42,762 154,570 140,304
Income (loss) from operations 46,413 (30,667) 3,726 (120,505)
Interest income 322 5 459 20
Income (loss) before income taxes 46,735 (30,662) 4,185 (120,485)
(Provision) benefit for income taxes 177,358 118 174,717 (1,106)
Net income (loss) $ 224,093 $ (30,544) $ 178,902 $ (121,591)
Net income (loss) per share attributable to common shareholders, basic $ 3.23 $ (0.44) $ 2.58 $ (1.78)
Net income (loss) per share attributable to common shareholders, diluted $ 3.18 $ (0.44) $ 2.55 $ (1.78)
Weighted average common shares outstanding, basic 69,445,071 68,662,673 69,305,755 68,444,061
Weighted average common shares outstanding, diluted 70,552,018 68,662,673 70,286,444 68,444,061
Comprehensive income (loss):        
Net income (loss) $ 224,093 $ (30,544) $ 178,902 $ (121,591)
Other comprehensive income (loss):        
Unrealized gain (loss) on short-term investments and currency translation adjustments, net of tax 20 (72) (4) (11)
Total other comprehensive income (loss) 20 (72) (4) (11)
Total comprehensive income (loss) 224,113 (30,616) 178,898 (121,602)
Product revenue, net        
Revenue:        
Product revenue, net 33,424 12,095 82,585 19,799
Costs and operating expenses:        
Cost of goods sold 6,937 $ 2,767 16,185 $ 5,233
License and collaboration revenue        
Revenue:        
Product revenue, net 65,711   75,711  
Costs and operating expenses:        
Cost of goods sold $ 4,623   $ 16,549