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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenue:      
Revenues $ 52,904 $ 39,986 $ 31,432
Operating costs and expenses:      
Research and development 206,922 111,340 106,879
Acquired in-process research and development 24,208 42,992 75,301
Selling, general and administrative 196,856 116,179 103,557
Intangible amortization 4,140 4,053 3,941
Loss (gain) on contingent consideration 9,198 0 (11,090)
Total operating costs and expenses 454,355 284,504 290,825
Loss from operations (401,451) (244,518) (259,393)
(Loss) gain on derivative liabilities (300) 6,600 (36,792)
Loss on marketable investments (15,013) 0 0
Loss on debt extinguishment (6,695) (51,939) (27,810)
(Loss) gain on foreign currency exchange (973) 812 (330)
Scilex Notes principal increase (28,000) 0 0
Interest expense, net (10,224) (20,157) (35,048)
Other income gain (loss) 128 (1,378) (203)
Loss before income tax (462,528) (310,580) (359,576)
Income tax benefit (33,516) (2,014) (473)
Loss on equity method investments (126) (5,844) (3,909)
Net loss (429,138) (314,410) (363,012)
Net loss attributable to noncontrolling interests (813) (15,949) (70,944)
Net loss attributable to Sorrento $ (428,325) $ (298,461) $ (292,068)
Net loss per share - basic per share attributable to Sorrento $ (1.45) $ (1.30) $ (2.20)
Net loss per share - diluted per share attributable to Sorrento $ (1.45) $ (1.30) $ (2.35)
Weighted-average shares outstanding during period - basic shares attributable to Sorrento (in shares) 294,774 229,823 132,732
Weighted-average shares outstanding during period - diluted shares attributable to Sorrento (in shares) 294,774 229,823 140,514
Product      
Revenue:      
Revenues $ 28,735 $ 26,628 $ 21,974
Operating costs and expenses:      
Cost of product sold and services 3,851 2,149 5,933
Service      
Revenue:      
Revenues 24,169 13,358 9,458
Operating costs and expenses:      
Cost of product sold and services $ 9,180 $ 7,791 $ 6,304