XML 17 R4.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Statements of Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues:      
Products, net $ 1,787,960 $ 1,144,876 $ 843,769
Type of Revenue [Extensible List] us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember
Collaboration and other $ 114,019 $ 98,460 $ 89,244
Total revenues 1,901,979 1,243,336 933,013
Cost and expenses:      
Cost of sales (excluding amortization of in-licensed rights) 319,099 150,343 139,989
Research and development 804,522 877,387 877,090
Selling, general and administrative 557,872 481,871 451,421
Amortization of in-licensed rights 2,405 1,559 714
Total cost and expenses 1,683,898 1,511,160 1,469,214
Operating income (loss) 218,081 (267,824) (536,201)
Other (loss) income, net:      
Other income (expense), net 42,693 33,055 (28,321)
Loss on debt extinguishment 0 (387,329) (125,441)
Gain from sale of Priority Review Voucher 0 102,000 0
Total other income (loss), net 42,693 (252,274) (153,762)
Income (loss) before income tax expense 260,774 (520,098) (689,963)
Income tax expense 25,535 15,879 13,525
Net income (loss) 235,239 (535,977) (703,488)
Other comprehensive income (loss):      
Unrealized (losses) gains on investments, net of tax (1,136) 2,582 (1,644)
Total other comprehensive (loss) income (1,136) 2,582 (1,644)
Comprehensive income (loss) $ 234,103 $ (533,395) $ (705,132)
Earnings (loss) per share:      
Basic $ 2.47 $ (5.8) $ (8.03)
Diluted $ 2.34 $ (5.8) $ (8.03)
Weighted average number of shares of common stock used in computing earnings (loss) per share:      
Basic 95,075 92,398 87,559
Diluted 107,875 92,398 87,559