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v3.25.3

Segment Reporting (Tables) | 9 Months Ended
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Sep. 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 September 30, |  |  | Nine Months Ended September 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
NUPLAZID net revenue |  | $ | 177,530 |  |  | $ | 159,186 |  |  | $ | 505,730 |  |  | $ | 446,518 |
DAYBUE net revenue |  |  | 101,103 |  |  |  | 91,215 |  |  |  | 281,786 |  |  |  | 251,677 |
Total revenues |  |  | 278,633 |  |  |  | 250,401 |  |  |  | 787,516 |  |  |  | 698,195 |
Less: |  |  |  |  |  |  |  |  |  |  |  |
Cost of goods sold |  |  | 8,041 |  |  |  | 7,357 |  |  |  | 25,636 |  |  |  | 24,861 |
License fees and royalties |  |  | 13,606 |  |  |  | 11,500 |  |  |  | 37,137 |  |  |  | 35,177 |
Research and development expense: |  |  |  |  |  |  |  |  |  |  |  |
External research and development |  |  | 60,153 |  |  |  | 48,137 |  |  |  | 169,457 |  |  |  | 141,007 |
Internal costs(1) |  |  | 24,676 |  |  |  | 17,969 |  |  |  | 71,588 |  |  |  | 55,011 |
Upfront and milestone payments |  |  | 3,000 |  |  |  | 500 |  |  |  | 3,000 |  |  |  | 6,500 |
Total research and development expense |  |  | 87,829 |  |  |  | 66,606 |  |  |  | 244,045 |  |  |  | 202,518 |
Selling, general and administrative |  |  | 133,401 |  |  |  | 133,294 |  |  |  | 393,278 |  |  |  | 358,348 |
Interest income, net |  |  | (8,246 | ) |  |  | (6,586 | ) |  |  | (23,390 | ) |  |  | (18,451 | )
Other income |  |  | (593 | ) |  |  | (576 | ) |  |  | (1,775 | ) |  |  | (1,248 | )
Income tax (benefit) expense |  |  | (27,184 | ) |  |  | 6,041 |  |  |  | (4,847 | ) |  |  | 14,281 |
Consolidated net income |  | $ | 71,779 |  |  | $ | 32,765 |  |  | $ | 117,432 |  |  | $ | 82,709 |
_______________ (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 + Details
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