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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenue:    
Revenue $ 130,524 $ 141,919
Expenses:    
Cost of sales 1,343 4,170
Research, development and patent 197,813 161,126
Selling, general and administrative 45,516 34,127
Total operating expenses 244,672 199,423
Loss from operations (114,148) (57,504)
Other income (expense):    
Investment income 18,627 1,993
Interest expense (1,608) (2,122)
Interest expense related to sale of future royalties (15,515) 0
Loss on investments (529) (6,625)
Other income 230 187
Loss before income tax expense (112,943) (64,071)
Income tax expense (11,380) (1,094)
Net loss $ (124,323) $ (65,165)
Basic net loss per share (in dollars per share) $ (0.87) $ (0.46)
Diluted net loss per share (in dollars per share) $ (0.87) $ (0.46)
Shares used in computing basic net loss per share (in shares) 142,735 141,599
Shares used in computing diluted net loss per share (in shares) 142,735 141,599
Commercial Revenue [Member]    
Revenue:    
Revenue $ 67,768 $ 72,285
SPINRAZA Royalties [Member]    
Revenue:    
Revenue 50,247 53,818
TEGSEDI and WAYLIVRA Revenue, Net [Member]    
Revenue:    
Revenue 6,478 6,160
Licensing and Other Royalty Revenue [Member]    
Revenue:    
Revenue 11,043 12,307
Research and Development Revenue [Member]    
Revenue:    
Revenue 62,756 69,634
Collaborative Agreement Revenue [Member]    
Revenue:    
Revenue 38,334 49,784
Eplontersen Joint Development Revenue [Member]    
Revenue:    
Revenue $ 24,422 $ 19,850