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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:    
Revenues $ 16,251 $ 18,385
Operating costs and expenses:    
Research and development 43,805 63,977
Acquired in-process research and development   12,272
Selling, general and administrative 54,980 44,327
Intangible amortization 1,127 1,034
Increase (decrease) on contingent consideration 3,800 (2,100)
Loss on impairment of intangible assets 11,900  
Legal settlement 1,797  
Total operating costs and expenses 122,595 125,268
Loss from operations (106,344) (106,883)
(Loss) gain on derivative liabilities (1,280) 7,500
(Loss) gain on marketable and equity investments (13,683) 68,534
Loss on debt extinguishment, net (40) (5,262)
(Gain) loss on foreign currency exchange (4) 397
Interest expense, net (1,132) (3,249)
Other (loss) income (76) 17
Reorganization items, net (20,231) 0
Loss before income tax (142,790) (38,946)
Income tax expense 11,468 1,463
Loss on equity method investments (368) (131)
Net loss (154,626) (40,540)
Net (loss) income attributable to noncontrolling interests (15,010) 275
Net loss attributable to Sorrento $ (139,616) $ (40,815)
Net loss per share - basic per share attributable to Sorrento $ (0.26) $ (0.12)
Net loss per share - diluted per share attributable to Sorrento $ (0.26) $ (0.12)
Weighted-average shares used during period - basic shares attributable to Sorrento 543,137 337,123
Weighted-average shares used during period - diluted shares attributable to Sorrento 543,137 337,123
Product    
Revenues:    
Revenues $ 10,597 $ 9,990
Operating costs and expenses:    
Cost of products sold and services 3,881 2,878
Service    
Revenues:    
Revenues 5,654 8,395
Operating costs and expenses:    
Cost of products sold and services $ 1,305 $ 2,880