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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue:    
Revenue $ 131,612 $ 119,497
Expenses:    
Cost of sales 1,463 2,151
Research, development and patent 200,759 214,215
Selling, general and administrative 76,250 52,644
Total operating expenses 278,472 269,010
Loss from operations (146,860) (149,513)
Other income (expense):    
Investment income 24,667 26,285
Interest expense (4,108) (4,151)
Interest expense related to sale of future royalties (18,822) (17,959)
Gain (loss) on investments (2,164) 2,333
Other income 465 277
Loss before income tax expense (146,822) (142,728)
Income tax expense (116) (75)
Net loss $ (146,938) $ (142,803)
Basic net loss per share (in dollars per share) $ (0.93) $ (0.98)
Diluted net loss per share (in dollars per share) $ (0.93) $ (0.98)
Shares used in computing basic net loss per share (in shares) 158,735 145,538
Shares used in computing diluted net loss per share (in shares) 158,735 145,538
Commercial Revenue [Member]    
Revenue:    
Revenue $ 76,168 $ 59,593
Product Sales, Net [Member]    
Revenue:    
Revenue 6,287 0
Royalty Revenue [Member]    
Revenue:    
Revenue 64,166 49,385
Other Commercial Revenue [Member]    
Revenue:    
Revenue 5,715 10,208
Research and Development Revenue [Member]    
Revenue:    
Revenue 55,444 59,904
Collaborative Agreement Revenue [Member]    
Revenue:    
Revenue 45,031 49,345
WAINUA Joint Development Revenue [Member]    
Revenue:    
Revenue $ 10,413 $ 10,559