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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME        
Net product revenue $ 186,038 $ 160,268 $ 513,467 $ 413,610
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember
Cost of product sold $ 42,778 $ 32,296 $ 102,406 $ 78,084
Cost, Product and Service [Extensible Enumeration] us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember
Gross profit $ 143,260 $ 127,972 $ 411,061 $ 335,526
Operating expenses:        
Research and development 25,387 17,499 111,159 45,757
Sales and marketing 27,576 23,418 83,316 70,518
General and administrative 28,587 22,546 81,487 67,417
Total operating expenses 81,550 63,463 275,962 183,692
Operating income 61,710 64,509 135,099 151,834
Loss on debt extinguishment   (9,766)   (9,766)
Other (expense) income, net (124) (5) (228) (34)
Interest expense (4,348) (7,012) (13,287) (18,961)
Interest income 4,932 4,106 14,065 10,634
Income before income taxes 62,170 51,832 135,649 133,707
Income tax expense (16,077) (13,371) (39,631) (31,461)
Net income 46,093 38,461 96,018 102,246
Unrealized (loss) income on investments 733 6 497 (365)
Comprehensive income $ 46,826 $ 38,467 $ 96,515 $ 101,881
EARNINGS PER SHARE:        
Basic $ 0.81 $ 0.64 $ 1.69 $ 1.71
Diluted $ 0.79 $ 0.63 $ 1.66 $ 1.68
Weighted average number of shares of common stock - basic 56,870,234 59,863,102 56,815,167 59,856,941
Weighted average number of shares of common stock - diluted 58,103,963 60,681,676 57,754,016 60,892,992