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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenue:      
Total revenue $ 90,122 $ 92,055 $ 101,907
Operating costs and expenses:      
Cost of goods sold 33,768 21,635 24,897
Research and development 114,162 218,323 400,269
General and administrative 77,417 92,333 122,844
Restructuring, impairment and costs of terminated program 51,958 135,930 0
Impairment of goodwill 76,501 0 0
Total operating costs and expenses 353,806 468,221 548,010
Loss from operations (263,684) (376,166) (446,103)
Non-operating income (expense):      
Change in fair value of development derivative liability 0 33,427 (8,023)
Non-cash interest expense on liabilities related to the sales of future royalties (25,334) (28,911) (47,313)
Loss on revaluation of liability related to the sale of future royalties 0 0 (24,410)
Interest income 19,009 6,783 2,731
Other income (expense), net (6,247) (116) (162)
Total non-operating income (expense), net (12,572) 11,183 (77,177)
Loss before provision for income taxes (276,256) (364,983) (523,280)
Provision (benefit) for income taxes (200) 3,215 557
Net loss $ (276,056) $ (368,198) $ (523,837)
Basic net loss per share (in dollars per share) $ (1.45) $ (1.97) $ (2.86)
Diluted net loss per share (in dollars per share) $ (1.45) $ (1.97) $ (2.86)
Weighted average shares outstanding used in computing basic net loss per share (in shares) 190,001 187,138 183,298
Weighted average shares outstanding used in computing diluted net loss per share (in shares) 190,001 187,138 183,298
Product sales      
Revenue:      
Total revenue $ 20,681 $ 20,348 $ 23,725
Non-cash royalty revenue related to the sales of future royalties      
Revenue:      
Total revenue 68,921 69,794 77,746
License, collaboration and other revenue      
Revenue:      
Total revenue $ 520 $ 1,913 $ 436