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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Total revenue, net $ 80,167 $ 94,440 $ 166,142 $ 189,070
Less: Cost of goods sold 23,199 35,810 48,993 58,049
Less: Cost of goods sold - restructuring inventory 14,300 15,000 26,554 15,000
Gross margin 42,668 43,630 90,595 116,021
Operating expenses:        
Selling, general and administrative 50,953 86,893 110,540 177,540
Research and development 5,642 9,356 11,323 19,407
Restructuring expenses 10,032 10,213 10,032 10,213
Total operating expenses 66,627 106,462 131,895 207,160
Operating loss (23,959) (62,832) (41,300) (91,139)
Interest income, net 3,001 288 5,222 491
Other income (expense), net 3,043 (2,255) 3,667 (2,501)
Loss from operations before taxes (17,915) (64,799) (32,411) (93,149)
Income tax benefit (provision) 355 (5,157) (1,609) (8,370)
Net loss $ (17,560) $ (69,956) $ (34,020) $ (101,519)
Loss per share:        
Basic [1] $ (0.04) $ (0.18) $ (0.08) $ (0.26)
Diluted [1] $ (0.04) $ (0.18) $ (0.08) $ (0.26)
Weighted average shares:        
Basic 407,848 398,187 407,017 397,997
Diluted 407,848 398,187 407,017 397,997
Product Revenue, Net        
Total revenue, net $ 65,187 $ 93,796 $ 149,841 $ 187,782
Licensing and Royalty Revenue        
Total revenue, net $ 14,980 $ 644 $ 16,301 $ 1,288
[1] Excluding the licensing revenue change in estimate, as discussed in Note 8 - Development, Commercialization and Supply Agreements, net loss per share basic and diluted for the three and six months ended June 30, 2023 would have been $(0.06) and $(0.10), respectively.