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SEGMENT REPORTING
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
We operate in a single reportable segment. The CODM primarily uses aggregated net loss as reported on the condensed statements of operations and comprehensive loss to measure segment loss, supplemented by certain additional significant expense details reflected in the table below. There have been no changes in the determination of segmentation or the measurements used to determine reported segment loss discussed in our 2024 Form 10-K. See Note 17. Segment Reporting of our 2024 Form 10-K for more discussion on our segment reporting.
Detailed information regarding our single operating segment’s significant revenues, expenses and operating loss is as follows:
Three Months Ended September 30,Nine Months Ended September 30,
(in thousands)2025202420252024
Revenues
Product sales, net$105,515 $92,090 $263,406 $208,193 
Other revenues(1)
4,814 6,151 18,699 9,293 
Total revenues110,329 98,241 282,105 217,486 
Less
Cost of product sales2,662 1,715 8,247 4,133 
Other cost of revenue1,320 14,013 20,441 28,159 
Total cost of goods sold3,982 15,728 28,688 32,292 
Research and development(2)
15,057 11,610 38,260 29,091 
Selling(2)
55,361 41,402 170,113 118,094 
General and administrative(2)
14,897 13,673 42,505 33,202 
Stock-based compensation12,742 9,133 36,517 27,518 
Other segment expenses(3)
3,622 4,462 12,098 13,364 
Total operating expenses101,679 80,280 299,493 221,269 
Consolidated income (loss) from operations4,668 2,233 (46,076)(36,075)
Other reconciliation items(4)
(5,637)(3,042)(15,116)(7,706)
Consolidated net loss$(969)$(809)$(61,192)$(43,781)
(1)Other revenues includes revenues from our collaboration partnerships, including licensing revenue, product supply revenue and non-cash royalty revenue related to the sale of future royalties.
(2)Research and development, selling and general and administrative expenses herein do not include certain allocated items, such as stock-based compensation expenses.
(3)Other segment expenses primarily consists of allocated facilities, information technology and employee costs of approximately $3.2 million and $11.1 million for the three and nine months ended September 30, 2025, and $3.9 million and $12.2 million for the three and nine months ended September 30, 2024, respectively.
(4)Other reconciliation items includes interest expense, non-cash interest expense related to the sale of future royalties, provision for income taxes and other income, net.