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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue:        
Revenue $ 159,767 $ 133,093 $ 435,478 $ 370,450
Expenses:        
Cost of sales 1,515 3,079 10,430 8,616
Research, development and patent 182,990 184,770 524,875 463,878
Selling, general and administrative 34,416 31,093 102,345 148,747
Total operating expenses 218,921 218,942 637,650 621,241
Loss from operations (59,154) (85,849) (202,172) (250,791)
Other income (expense):        
Investment income, net 7,524 872 13,447 8,236
Interest expense (2,139) (2,340) (6,391) (7,111)
Gain (loss) on investments 2,347 4,013 (10,616) 4,885
Other income (expense) 4,713 (469) (7,923) (9,283)
Loss before income tax (expense) benefit (46,709) (83,773) (213,655) (254,064)
Income tax (expense) benefit (283) 1,307 (3,637) 854
Net loss $ (46,992) $ (82,466) $ (217,292) $ (253,210)
Basic net loss per share (in dollars per share) $ (0.33) $ (0.58) $ (1.53) $ (1.8)
Diluted net loss per share (in dollars per share) $ (0.33) $ (0.58) $ (1.53) $ (1.8)
Shares used in computing basic net loss per share (in shares) 141,950 141,139 141,782 140,958
Shares used in computing diluted net loss per share (in shares) 141,950 141,139 141,782 140,958
Commercial Revenue [Member]        
Revenue:        
Revenue $ 72,410 $ 84,820 $ 222,879 $ 255,129
SPINRAZA Royalties [Member]        
Revenue:        
Revenue 61,647 66,572 175,092 198,726
TEGSEDI and WAYLIVRA Revenue, Net [Member]        
Revenue:        
Revenue 5,920 15,519 22,467 46,901
Licensing and Other Royalty Revenue [Member]        
Revenue:        
Revenue 4,843 2,729 25,320 9,502
Research and Development Revenue [Member]        
Revenue:        
Revenue 87,357 48,273 212,599 115,321
Collaborative Agreement Revenue [Member]        
Revenue:        
Revenue 69,250 48,273 157,282 115,321
Eplontersen Joint Development Revenue [Member]        
Revenue:        
Revenue $ 18,107 $ 0 $ 55,317 $ 0