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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenue:        
Total revenue $ 28,330 $ 48,847 $ 51,977 $ 99,420
Operating costs and expenses:        
Cost of goods sold 7,667 5,773 13,423 9,584
Research and development 101,313 96,436 196,917 205,423
General and administrative 29,555 24,347 61,234 50,564
Impairment of assets and other costs for terminated program 0 0 0 45,189
Total operating costs and expenses 138,535 126,556 271,574 310,760
Loss from operations (110,205) (77,709) (219,597) (211,340)
Non-operating income (expense):        
Non-cash interest expense on liability related to sale of future royalties (13,089) (6,691) (26,385) (13,659)
Change in fair value of development derivative liability (2,713) 0 (4,312) 0
Interest income and other income (expense), net 845 5,191 2,257 13,543
Interest expense 0 (647) 0 (6,851)
Total non-operating income (expense), net (14,957) (2,147) (28,440) (6,967)
Loss before provision for income taxes (125,162) (79,856) (248,037) (218,307)
Provision for income taxes 357 144 449 344
Net loss $ (125,519) $ (80,000) $ (248,486) $ (218,651)
Basic net loss per share (in dollars per share) $ (0.69) $ (0.45) $ (1.37) $ (1.23)
Diluted net loss per share (in dollars per share) $ (0.69) $ (0.45) $ (1.37) $ (1.23)
Weighted average shares outstanding used in computing basic net loss per share (in shares) 182,698 178,327 182,038 177,755
Weighted average shares outstanding used in computing diluted net loss per share (in shares) 182,698 178,327 182,038 177,755
Product sales        
Revenue:        
Total revenue $ 7,846 $ 5,485 $ 12,641 $ 8,929
Royalty revenue        
Revenue:        
Total revenue 0 9,403 0 19,122
Non-cash royalty revenue related to sale of future royalties        
Revenue:        
Total revenue 20,456 7,684 39,254 17,579
License, collaboration and other revenue        
Revenue:        
Total revenue $ 28 $ 26,275 $ 82 $ 53,790