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CONDENSED COMBINED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating expenses:        
Research and development $ 52,845 $ 46,973 $ 300,028 $ 139,668
General and administrative 14,792 8,519 54,492 28,349
Total operating expenses 67,637 55,492 354,520 168,017
Loss from operations (67,637) (55,492) (354,520) (168,017)
Other income (expense):        
Gain from equity method investment 0 0 0 5,261
Other expense, net 0 (5) (71) (245)
Total other (expense) income, net 0 (5) (71) 5,016
Loss before provision (benefit) for income taxes (67,637) (55,497) (354,591) (163,001)
Provision (benefit) for income taxes 1,216 (1,132) 14,581 (1,091)
Net loss and comprehensive loss attributable to common shareholders of Biohaven Ltd. (68,853) (54,365) (369,172) (161,910)
Net loss and comprehensive loss attributable to common shareholders of Biohaven Ltd. $ (68,853) $ (54,365) $ (369,172) $ (161,910)
Net loss per share attributable to common shareholders of Biohaven Ltd. — diluted (in dollars per share) $ (1.75) $ (1.38) $ (9.38) $ (4.11)
Net loss per share attributable to common shareholders of Biohaven Ltd. — basic (in dollars per share) $ (1.75) $ (1.38) $ (9.38) $ (4.11)
Common shares outstanding—basic (shares) 39,368,042 39,368,042 39,368,042 39,368,042
Common shares outstanding—diluted (shares) 39,368,042 39,368,042 39,368,042 39,368,042