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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue:    
Total revenue $ 10,460 $ 21,639
Operating costs and expenses:    
Cost of goods sold 0 8,534
Research and development (including $208 and $0, respectively, from a related party) 30,480 27,408
General and administrative 24,346 20,149
Restructuring and impairment 169 975
Total operating costs and expenses 54,995 57,066
Loss from operations (44,535) (35,427)
Non-operating income (expense):    
Non-cash interest expense on liabilities related to the sales of future royalties (4,974) (5,531)
Interest income 2,874 4,220
Other income (expense), net 266 (99)
Total non-operating income (expense), net (1,834) (1,410)
Loss before provision (benefit) for income taxes and equity method investment (46,369) (36,837)
Provision (benefit) for income taxes 52 (35)
Loss before equity method investment (46,421) (36,802)
Loss from equity method investment (4,461) 0
Net loss $ (50,882) $ (36,802)
Basic net loss per share (in dollars per share) $ (0.24) $ (0.19)
Diluted net loss per share (in dollars per share) $ (0.24) $ (0.19)
Weighted average shares outstanding used in computing basic net loss per share (in shares) 210,924 194,746
Weighted average shares outstanding used in computing diluted net loss per share (in shares) 210,924 194,746
Product sales    
Revenue:    
Total revenue $ 0 $ 6,034
Non-cash royalty revenue related to the sales of future royalties    
Revenue:    
Total revenue 10,460 15,508
License, collaboration and other revenue    
Revenue:    
Total revenue $ 0 $ 97