XML 12 R4.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Statements of Operations (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue:    
Total revenues $ 30,761 $ 0
Cost and operating expenses:    
Cost of product revenue 2,884 0
Research and development 39,619 40,210
Selling, general and administrative 29,325 26,557
Total cost and operating expenses 71,828 66,767
Loss from operations (41,067) (66,767)
Non-operating income:    
Investment income, net 5,094 4,365
Other income (expense), net (23) (10)
Total non-operating income, net 5,071 4,355
Loss before income taxes (35,996) (62,412)
Income tax benefit (expense) 0 0
Net income (loss) $ (35,996) $ (62,412)
Net income (loss) per share - basic $ (0.35) $ (0.72)
Net income (loss) per share - diluted $ (0.35) $ (0.72)
Weighted-average number of common shares used in net income (loss) per share - basic 102,710,382 86,679,282
Weighted-average number of common shares used in net income (loss) per share - diluted 102,710,382 86,679,282
Product revenue, net [Member]    
Revenue:    
Total revenues $ 30,503 $ 0
License revenue [Member]    
Revenue:    
Total revenues $ 258 $ 0