XML 22 R4.htm IDEA: XBRL DOCUMENT v3.25.3
CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE 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 $ 110,329 $ 98,241 $ 282,105 $ 217,486
Cost of goods sold        
Total cost of goods sold 3,982 15,728 28,688 32,292
Operating expenses        
Research and development 18,067 15,310 48,671 38,651
Selling, general and administrative 83,612 64,970 250,822 182,618
Total operating expenses 101,679 80,280 299,493 221,269
Income (loss) from operations 4,668 2,233 (46,076) (36,075)
Interest expense (5,796) (3,357) (14,343) (9,039)
Non-cash interest expense related to the sale of future royalties (2,188) (1,924) (6,478) (5,202)
Other income, net 2,449 2,282 6,667 6,766
Loss before provision for income taxes (867) (766) (60,230) (43,550)
Provision for income taxes 102 43 962 231
Net loss $ (969) $ (809) $ (61,192) $ (43,781)
Net loss per share of common stock - basic (in dollars per share) $ 0.00 $ 0.00 $ (0.25) $ (0.19)
Net loss per share of common stock - diluted (in dollars per share) $ 0.00 $ 0.00 $ (0.25) $ (0.19)
Shares used in computing net loss per share - basic (in shares) 241,908,407 235,911,399 240,165,744 234,516,305
Shares used in computing net loss per share - diluted (in shares) 241,908,407 235,911,399 240,165,744 234,516,305
Comprehensive loss        
Net loss $ (969) $ (809) $ (61,192) $ (43,781)
Unrealized gains (losses) on available-for-sale securities 162 286 67 (39)
Comprehensive loss (807) (523) (61,125) (43,820)
Product sales, net        
Revenues        
Total revenues 105,515 92,090 263,406 208,193
Cost of goods sold        
Total cost of goods sold 2,662 1,715 8,247 4,133
Product supply revenue        
Revenues        
Total revenues 0 5,322 6,439 7,461
Licensing revenue        
Revenues        
Total revenues 25 20 5,065 56
Non-cash royalty revenue related to the sale of future royalties        
Revenues        
Total revenues 4,789 809 7,195 1,776
Other cost of revenue        
Cost of goods sold        
Total cost of goods sold $ 1,320 $ 14,013 $ 20,441 $ 28,159