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Condensed Statements of Operations (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Cost and operating expenses:        
Cost of product revenue $ 707 $ 0 $ 707 $ 0
Research and development 92,106 32,182 132,316 60,010
Selling, general and administrative 30,186 17,072 56,743 35,099
Total cost and operating expenses 122,999 49,254 189,766 95,109
Loss from operations (114,807) (49,254) (181,574) (95,109)
Non-operating income (expense):        
Gain from sale of priority review voucher 108,000 0 108,000 0
Investment income, net 3,962 3,406 8,327 6,872
Other expense, net (10) (15) (20) (19)
Total non-operating income, net 111,952 3,391 116,307 6,853
Loss before income taxes (2,855) (45,863) (65,267) (88,256)
Income tax expense (1,552) 0 (1,552) 0
Net loss $ (4,407) $ (45,863) $ (66,819) $ (88,256)
Net loss per share, basic $ (0.05) $ (0.61) $ (0.77) $ (1.2)
Net loss per share, diluted $ (0.05) $ (0.61) $ (0.77) $ (1.2)
Weighted-average number of common shares used in computing net loss per share, basic 87,121,310 74,964,878 86,864,545 73,478,567
Weighted-average number of common shares used in computing net loss per share, diluted 87,121,310 74,964,878 86,864,545 73,478,567
Product [Member]        
Revenue:        
Total revenue, net $ 8,192 $ 0 $ 8,192 $ 0