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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Products, net $ 360,548 $ 238,988 $ 720,032 $ 470,483
Type of Revenue [Extensible List] us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember
Collaboration and other $ 2,383 $ 22,250 $ 56,363 $ 44,255
Total revenues 362,931 261,238 776,395 514,738
Cost and expenses:        
Cost of sales (excluding amortization of in-licensed rights) 44,545 34,124 95,104 69,141
Research and development 179,690 241,890 380,086 487,569
Selling, general and administrative 138,796 118,564 265,799 229,278
Amortization of in-licensed rights 601 179 1,202 357
Total cost and expenses 363,632 394,757 742,191 786,345
Operating (loss) income (701) (133,519) 34,204 (271,607)
Other income (loss), net:        
Other income, net 14,278 16,934 20,821 29,641
Gain from sale of Priority Review Voucher 0 102,000 0 102,000
Loss on debt extinguishment 0 0 0 (387,329)
Total other income (loss), net 14,278 118,934 20,821 (255,688)
Income (loss) before income tax expense 13,577 (14,585) 55,025 (527,295)
Income tax expense 7,117 9,355 12,446 13,400
Net income (loss) 6,460 (23,940) 42,579 (540,695)
Other comprehensive income (loss):        
Unrealized (losses) gains on investments, net of tax (339) (636) (1,948) 609
Total other comprehensive (loss) income (339) (636) (1,948) 609
Comprehensive income (loss) $ 6,121 $ (24,576) $ 40,631 $ (540,086)
Earnings (loss) per share:        
Basic $ 0.07 $ (0.27) $ 0.45 $ (6.11)
Diluted $ 0.07 $ (0.27) $ 0.44 $ (6.11)
Weighted average number of shares of common stock used in computing earnings (loss) per share:        
Basic 94,618 88,743 94,305 88,466
Diluted 99,144 88,743 99,129 88,466