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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Operating expenses:        
Research and development $ 79,490 $ 177,087 $ 142,951 $ 247,183
General and administrative 14,521 20,023 28,842 39,700
Total operating expenses 94,011 197,110 171,793 286,883
Loss from operations (94,011) (197,110) (171,793) (286,883)
Other income (expense):        
Other income (expense), net 5,842 (67) 14,071 (71)
Total other income (expense), net 5,842 (67) 14,071 (71)
Loss before provision for income taxes (88,169) (197,177) (157,722) (286,954)
Provision for income taxes 2,177 6,110 3,116 13,365
Net loss $ (90,346) $ (203,287) $ (160,838) $ (300,319)
Net loss per share attributable to common shareholders of Biohaven Ltd. — basic (in dollars per share) $ (1.32) $ (5.16) $ (2.36) $ (7.63)
Net loss per share attributable to common shareholders of Biohaven Ltd. — diluted (in dollars per share) $ (1.32) $ (5.16) $ (2.36) $ (7.63)
Common shares outstanding—basic (shares) 68,248,023 39,375,944 68,227,564 39,375,944
Common shares outstanding—diluted (shares) 68,248,023 39,375,944 68,227,564 39,375,944
Net loss $ (90,346) $ (203,287) $ (160,838) $ (300,319)
Other comprehensive loss, net of tax (146) 0 (264) 0
Comprehensive loss $ (90,492) $ (203,287) $ (161,102) $ (300,319)