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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Total revenues $ 70,079 $ 51,253 $ 208,728 $ 140,490
Expenses:        
Cost of goods sold 3,197 3,995 12,621 14,749
Research and development 12,926 9,989 34,755 22,047
Selling 13,093 13,440 36,189 40,752
General and administrative 10,823 10,538 34,168 33,027
Loss (gain) on foreign currency transaction 2,454 (2,065) 526 (860)
Total expenses 57,319 46,156 162,636 139,670
Income from operations 12,760 5,097 46,092 820
Other income (expense):        
Interest income, net 3,179 1,580 9,790 4,429
Interest expense on liability for sale of future royalties (4,089)   (12,720)  
Interest expense on financing liability (2,470) (2,459) (7,361) (7,332)
Interest expense (1,801) (2,815) (10,419) (12,474)
Gain on bargain purchase 5,259   5,259  
Other income 32 318 32 286
Loss on extinguishment of debt     (7,050)  
(Loss) gain on available-for-sale securities     (1,550) 932
Total other expense 110 (3,376) (24,019) (14,159)
Income (loss) before income tax expense 12,870 1,721 22,073 (13,339)
Income tax expense 1,320   1,907  
Net income (loss) $ 11,550 $ 1,721 $ 20,166 $ (13,339)
Net income (loss) per share - basic $ 0.04 $ 0.01 $ 0.07 $ (0.05)
Weighted average shares used to compute net income (loss) per share - basic 274,998 268,732 272,811 266,126
Net income (loss) per share - diluted $ 0.04 $ 0.01 $ 0.07 $ (0.05)
Weighted average shares used to compute net income (loss) per share - diluted 284,693 323,770 281,407 266,126
Commercial product sales        
Revenues:        
Total revenues $ 19,728 $ 17,927 $ 59,272 $ 53,834
Collaborations and services        
Revenues:        
Total revenues 23,268 13,108 74,130 35,705
Expenses:        
Cost of revenue 14,826 10,259 44,377 29,955
Royalties        
Revenues:        
Total revenues $ 27,083 $ 20,218 $ 75,326 $ 50,951