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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues:        
Total revenues $ 148,392 $ 128,695 $ 436,376 $ 349,914
Operating costs and expenses:        
Cost of sales [1] 22,654 19,277 61,179 47,202
Research and development 2,657 3,284 10,902 8,850
Selling, general and administrative [1] 47,470 45,880 140,330 133,548
Amortization of intangible assets 9,344 9,345 28,033 28,033
Total operating costs and expenses 82,125 77,786 240,444 217,633
Operating income 66,267 50,909 195,932 132,281
Other income, net 4,768 6,296 15,682 9,801
Net income before income taxes 71,035 57,205 211,614 142,082
Income tax provision 18,252 13,321 49,986 34,129
Net income $ 52,783 $ 43,884 $ 161,628 $ 107,953
Net income per share:        
Basic $ 0.43 $ 0.37 $ 1.32 $ 0.92
Diluted $ 0.42 $ 0.35 $ 1.27 $ 0.87
Weighted average shares outstanding:        
Basic 122,600,730 118,931,153 122,082,914 117,976,056
Diluted 127,090,194 125,407,279 127,201,954 124,519,838
Net income $ 52,783 $ 43,884 $ 161,628 $ 107,953
Other comprehensive income (Note 4):        
Unrealized gain (loss) on available-for-sale securities, net of tax of $9, $0, $19 and $4, respectively (31) 0 (64) (14)
Comprehensive income 52,752 43,884 161,564 107,939
Product revenue, net [Member]        
Revenues:        
Total revenues 148,365 126,424 436,305 347,518
License and other revenue [Member]        
Revenues:        
Total revenues $ 27 $ 2,271 $ 71 $ 2,396
[1] exclusive of amortization of intangible assets