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Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2025

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):

		Three Months Ended June 30,								Six Months Ended June 30,
		2025				2024				2025				2024
NUPLAZID net revenue		$	168,479			$	157,409			$	328,199			$	287,332
DAYBUE net revenue			96,087				84,554				180,683				160,462
Total revenues			264,566				241,963				508,882				447,794
Less:
Cost of goods sold			8,384				7,430				17,595				17,504
License fees and royalties			12,350				10,800				23,531				23,677
Research and development expense:
External research and development			54,319				57,381				109,304				98,870
Internal costs(1)			23,632				18,852				46,912				37,042
Total research and development expense			77,951				76,233				156,216				135,912
Selling, general and administrative			133,507				117,063				259,877				225,054
Interest income, net			(7,243	)			(6,359	)			(15,144	)			(11,865	)
Other income			(594	)			(386	)			(1,183	)			(672	)
Income tax expense			13,545				3,793				22,337				8,240
Consolidated net income		$	26,666			$	33,389			$	45,653			$	49,944

_______________

(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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