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Basis of Presentation and Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2025

Accounting Policies [Abstract]

Schedule of Reconciliation of Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the unaudited condensed consolidated statements of cash flows that sum to the total of the same such amounts shown in the unaudited condensed consolidated statements of cash flows (in thousands):

		Six Months Ended June 30, 2025								Six Months Ended June 30, 2024
		Beginning of period				End of period				Beginning of period				End of period
Cash and cash equivalents		$	319,589			$	253,637			$	188,657			$	177,134
Restricted cash			8,770				9,471				5,770				5,770
Total cash, cash equivalents and restricted cash shown in    the unaudited condensed consolidated statements of cash flows		$	328,359			$	263,108			$	194,427			$	182,904

Schedule of revenue consist of product sales to customers

The Company operates in one business segment. Results of its operations are reported on a consolidated basis for purposes of segment reporting, consistent with internal management reporting. Revenues consist of net product sales to customers, all of which are sales in the North America. Revenues by product are as follows (in thousands):

		Three Months Ended June 30,								Six Months Ended June 30,
		2025				2024				2025				2024
NUPLAZID		$	168,479			$	157,409			$	328,199			$	287,332
DAYBUE			96,087				84,554				180,683				160,462
Product sales, net		$	264,566			$	241,963			$	508,882			$	447,794

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Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer.

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