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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenue:      
Total revenue $ 92,055 $ 101,907 $ 152,915
Operating costs and expenses:      
Cost of goods sold 21,635 24,897 19,477
Research and development 218,323 400,269 408,678
General and administrative 92,333 122,844 104,682
Restructuring, impairment and other costs of terminated program 135,930 0 45,189
Total operating costs and expenses 468,221 548,010 578,026
Loss from operations (376,166) (446,103) (425,111)
Non-operating income (expense):      
Change in fair value of development derivative liability 33,427 (8,023) 0
Non-cash interest expense on liabilities related to the sales of future royalties (28,911) (47,313) (30,267)
Loss on revaluation of liability related to the sale of future royalties 0 (24,410) 0
Interest income and other income (expense), net 6,667 2,569 18,282
Interest expense 0 0 (6,851)
Total non-operating income (expense), net 11,183 (77,177) (18,836)
Loss before provision for income taxes (364,983) (523,280) (443,947)
Provision for income taxes 3,215 557 493
Net loss $ (368,198) $ (523,837) $ (444,440)
Basic net loss per share (in dollars per share) $ (1.97) $ (2.86) $ (2.49)
Diluted net loss per share (in dollars per share) $ (1.97) $ (2.86) $ (2.49)
Weighted average shares outstanding used in computing basic net loss per share (in shares) 187,138 183,298 178,581
Weighted average shares outstanding used in computing diluted net loss per share (in shares) 187,138 183,298 178,581
Product sales      
Revenue:      
Total revenue $ 20,348 $ 23,725 $ 17,504
Royalty revenue      
Revenue:      
Total revenue 0 0 30,999
Non-cash royalty revenue related to the sales of future royalties      
Revenue:      
Total revenue 69,794 77,746 48,563
License, collaboration and other revenue      
Revenue:      
Total revenue $ 1,913 $ 436 $ 55,849