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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue:    
Revenue $ 119,497 $ 130,524
Expenses:    
Cost of sales 2,151 1,343
Research, development and patent 214,215 197,813
Selling, general and administrative 52,644 45,516
Total operating expenses 269,010 244,672
Loss from operations (149,513) (114,148)
Other income (expense):    
Investment income 26,285 18,627
Interest expense (4,151) (1,608)
Interest expense related to sale of future royalties (17,959) (15,515)
Gain (loss) on investments 2,333 (529)
Other income 277 230
Loss before income tax expense (142,728) (112,943)
Income tax expense (75) (11,380)
Net loss $ (142,803) $ (124,323)
Basic net loss per share (in dollars per share) $ (0.98) $ (0.87)
Diluted net loss per share (in dollars per share) $ (0.98) $ (0.87)
Shares used in computing basic net loss per share (in shares) 145,538 142,735
Shares used in computing diluted net loss per share (in shares) 145,538 142,735
Commercial Revenue [Member]    
Revenue:    
Revenue $ 59,593 $ 67,768
SPINRAZA Royalties [Member]    
Revenue:    
Revenue 38,455 50,247
WAINUA Royalties [Member]    
Revenue:    
Revenue 1,125 0
Other Commercial Revenue [Member]    
Revenue:    
Revenue 20,013 17,521
Research and Development Revenue [Member]    
Revenue:    
Revenue 59,904 62,756
Collaborative Agreement Revenue [Member]    
Revenue:    
Revenue 49,345 38,334
WAINUA Joint Development Revenue [Member]    
Revenue:    
Revenue $ 10,559 $ 24,422