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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenue:    
Revenue $ 111,607 $ 133,367
Expenses:    
Cost of sales 2,578 2,548
Research, development and patent 139,801 116,952
Selling, general and administrative 61,199 74,994
Total operating expenses 203,578 194,494
Loss from operations (91,971) (61,127)
Other income (expense):    
Investment income 4,643 10,479
Interest expense (2,414) (2,207)
Other income (expenses) 3 (99)
Loss before income tax (expense) benefit (89,739) (52,954)
Income tax (expense) benefit (130) 3,072
Net loss (89,869) (49,882)
Net loss attributable to noncontrolling interest in Akcea Therapeutics, Inc. 0 10,254
Net loss attributable to Ionis Pharmaceuticals, Inc. common stockholders $ (89,869) $ (39,628)
Basic net loss per share (in dollars per share) $ (0.64) $ (0.28)
Diluted net loss per share (in dollars per share) $ (0.64) $ (0.28)
Shares used in computing basic net loss per share (in shares) 140,770 139,429
Shares used in computing diluted net loss per share (in shares) 140,770 139,429
Commercial Revenue [Member]    
Revenue:    
Revenue $ 84,448 $ 83,961
SPINRAZA Royalties [Member]    
Revenue:    
Revenue 59,986 66,008
TEGSEDI and WAYLIVRA Revenue, Net [Member]    
Revenue:    
Revenue 19,838 15,159
Licensing and Other Royalty Revenue [Member]    
Revenue:    
Revenue 4,624 2,794
Research and Development Revenue Under Collaborative Agreements [Member]    
Revenue:    
Revenue $ 27,159 $ 49,406