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CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Total revenues $ 98,241 $ 56,391 $ 217,486 $ 90,093
Cost of goods sold:        
Total cost of goods sold 15,728 7,692 32,292 12,718
Operating expenses:        
Research and development 15,310 8,637 38,651 26,012
Selling, general and administrative 64,970 32,664 182,618 86,653
Total operating expenses 80,280 41,301 221,269 112,665
Income (loss) from operations 2,233 7,398 (36,075) (35,290)
Interest expense (3,357) (1,107) (9,039) (3,210)
Non-cash interest expense related to the sale of future royalties (1,924) (922) (5,202) (2,859)
Other income, net 2,282 1,460 6,766 4,308
Income (loss) before provision for income taxes (766) 6,829 (43,550) (37,051)
Provision for income taxes 43 200 231 214
Net income (loss) $ (809) $ 6,629 $ (43,781) $ (37,265)
Net income (loss) per share of common stock - basic (in dollars per share) $ 0.00 $ 0.03 $ (0.19) $ (0.17)
Net income (loss) per share of common stock - diluted (in dollars per share) $ 0.00 $ 0.03 $ (0.19) $ (0.17)
Shares used in computing net income (loss) per share - basic (in shares) 235,911,399 222,782,229 234,516,305 214,976,555
Shares used in computing net income (loss) per share - diluted (in shares) 235,911,399 227,894,335 234,516,305 214,976,555
Comprehensive income (loss):        
Net income (loss) $ (809) $ 6,629 $ (43,781) $ (37,265)
Unrealized gains (losses) on available-for-sale securities 286 9 (39) (147)
Comprehensive income (loss) (523) 6,638 (43,820) (37,412)
Product sales        
Revenues:        
Total revenues 92,090 22,285 208,193 51,949
Cost of goods sold:        
Total cost of goods sold 1,715 644 4,133 1,508
Product supply revenue        
Revenues:        
Total revenues 5,322 2,092 7,461 5,354
Licensing revenue        
Revenues:        
Total revenues 20 32,014 56 32,790
Non-cash royalty revenue related to the sale of future royalties        
Revenues:        
Total revenues 809 0 1,776 0
Other cost of revenue        
Cost of goods sold:        
Total cost of goods sold $ 14,013 $ 7,048 $ 28,159 $ 11,210