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v3.25.1

Segment Reporting (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
Segment Reporting |
Schedule of information about the Company's single segment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended March 31,
​ | ​ | 2025 |  | 2024
Revenue | ​ | $ | 10,698 | ​ | $ | 14,774
Cost of product revenue | ​ | ​ | 1,262 | ​ | ​ | 1,326
Research and development (a) | ​ | ​ | ​ | ​ | ​ | ​
Direct program expenses | ​ | ​ | ​ | ​ | ​ | ​
AXPAXLI for wet AMD | ​ | ​ | 24,455 | ​ | ​ | 5,493
Other clinical and preclinical programs | ​ | ​ | 1,081 | ​ | ​ | 3,215
Unallocated expenses | ​ | ​ | ​ | ​ | ​ | ​
Personnel costs | ​ | ​ | 8,983 | ​ | ​ | 7,128
All other costs | ​ | ​ | 3,255 | ​ | ​ | 802
Selling and marketing (a) | ​ | ​ | 12,817 | ​ | ​ | 9,262
General and administrative (a) | ​ | ​ | 9,661 | ​ | ​ | 8,344
Facilities (b) | ​ | ​ | 1,664 | ​ | ​ | 1,923
Stock-based compensation | ​ | ​ | 10,456 | ​ | ​ | 7,978
Depreciation | ​ | ​ | 981 | ​ | ​ | 920
Interest income | ​ | ​ | 3,826 | ​ | ​ | 3,922
Interest expense | ​ | ​ | (2,984) | ​ | ​ | (4,051)
Loss from debt extinguishment | ​ | ​ | — | ​ | ​ | (27,950)
Other non-operating items | ​ | ​ | (978) | ​ | ​ | (5,152)
Net loss | ​ | $ | (64,053) | ​ | $ | (64,848)
​
| (a) | excluding stock-based compensation, depreciation, and facilities expenses
| (b) | excluding stock-based compensation and depreciation

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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