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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue:        
Total revenue $ 23,489 $ 20,499 $ 45,128 $ 42,093
Operating costs and expenses:        
Cost of goods sold 9,740 6,994 18,274 14,054
Research and development 29,724 29,681 57,132 60,150
General and administrative 20,510 17,869 40,659 38,950
Restructuring, impairment and costs of terminated program 13,289 16,554 14,264 37,747
Impairment of goodwill 0 0 0 76,501
Total operating costs and expenses 73,263 71,098 130,329 227,402
Loss from operations (49,774) (50,599) (85,201) (185,309)
Non-operating income (expense):        
Non-cash interest expense on liabilities related to the sales of future royalties (6,408) (6,152) (11,939) (12,557)
Interest income 3,901 4,846 8,121 9,181
Other income (expense), net (36) 736 (135) 435
Total non-operating income (expense), net (2,543) (570) (3,953) (2,941)
Loss before provision for income taxes (52,317) (51,169) (89,154) (188,250)
Provision (benefit) for income taxes 46 (47) 11 (110)
Net loss $ (52,363) $ (51,122) $ (89,165) $ (188,140)
Basic net loss per share (in dollars per share) $ (0.25) $ (0.27) $ (0.44) $ (0.99)
Diluted net loss per share (in dollars per share) $ (0.25) $ (0.27) $ (0.44) $ (0.99)
Weighted average shares outstanding used in computing basic net loss per share (in shares) 208,828 189,656 201,787 189,268
Weighted average shares outstanding used in computing diluted net loss per share (in shares) 208,828 189,656 201,787 189,268
Product sales        
Revenue:        
Total revenue $ 6,640 $ 4,658 $ 12,674 $ 9,376
Non-cash royalty revenue related to the sales of future royalties        
Revenue:        
Total revenue 16,790 15,832 32,298 32,693
License, collaboration and other revenue        
Revenue:        
Total revenue $ 59 $ 9 $ 156 $ 24