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Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Revenue, Segment Profit and Segment Expenses

The following table illustrates reported segment revenue, segment profit and significant segment expenses (in thousands):

		Year Ended December 31,
		2024				2023				2022
NUPLAZID net revenue		$	609,385			$	549,248			$	517,235
DAYBUE net revenue			348,412				177,189				—
Total revenues			957,797				726,437				517,235
Less:
Cost of goods sold			30,068				19,826				10,166
License fees and royalties			51,773				21,812				—
Research and development expense:
External research and development			194,539				170,036				189,832
Internal costs(1)			74,210				79,083				83,002
Upfront and milestone payments			34,500				102,500				88,741
Total research and development expense			303,249				351,619				361,575
Selling, general and administrative			488,428				406,559				369,090
Gain on sale of non-financial asset			(146,515	)			—				—
Interest income, net			(25,458	)			(17,234	)			(6,610	)
Other income			(1,823	)			(5,109	)			(3,542	)
Income tax expense			31,624				10,250				2,531
Consolidated net income		$	226,451			$	(61,286	)		$	(215,975	)

(1)Includes personnel expenses and costs allocated to multiple research and development programs, including benefits, information technology, facilities and inventory.

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- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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X

- References

No definition available.

+ Details

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