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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Total revenue, net $ 72,741 $ 67,491 $ 114,757 $ 124,010
Less: Cost of goods sold 22,379 24,722 39,266 49,337
Gross margin 50,362 42,769 75,491 74,673
Operating expenses:        
Selling, general and administrative 38,673 38,547 75,247 78,436
Research and development 4,915 4,746 10,227 10,344
Restructuring 22,759   22,759  
Total operating expenses 66,347 43,293 108,233 88,780
Operating loss (15,985) (524) (32,742) (14,107)
Interest income, net 2,620 3,271 5,493 6,654
Other (expense) income, net (85) 145 168 1,689
(Loss) income from operations before taxes (13,450) 2,892 (27,081) (5,764)
Provision for income taxes (689) (1,370) (2,755) (2,667)
Net (loss) income $ (14,139) $ 1,522 $ (29,836) $ (8,431)
(Loss) earnings per Ordinary Share:        
Basic $ (0.03) $ 0 $ (0.07) $ (0.02)
Diluted $ (0.03) $ 0 $ (0.07) $ (0.02)
Weighted average Ordinary Shares:        
Basic 414,477 410,851 414,008 410,565
Diluted 414,477 411,395 414,008 410,565
Product Revenue, Net        
Total revenue, net $ 46,617 $ 47,514 $ 87,652 $ 102,670
Licensing and Royalty Revenue        
Total revenue, net $ 26,124 $ 19,977 $ 27,105 $ 21,340