XML 15 R4.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues:        
Total revenues $ 94,876 $ 80,630 $ 258,482 $ 205,214
Operating expenses:        
Cost of sales - product 14,403 13,084 42,207 36,035
Research and development 19,116 14,403 55,112 42,881
Selling, general and administrative 40,086 43,061 138,123 128,788
Bad debt expense 0 0 10,970 0
Total operating expenses 73,605 70,548 246,412 207,704
Income (loss) from operations 21,271 10,082 12,070 (2,490)
Other income (expense):        
Interest income 6,593 9,382 21,130 28,050
Interest expense (1,643) (1,699) (4,976) (5,090)
Sublease income 2,225 2,205 6,677 2,808
Loss on debt extinguishment 0 0 (82,095) 0
Other loss (27) (152) (1,046) (52)
Net income (loss) before income taxes 28,419 19,818 (48,240) 23,226
Provision for income taxes (1,492) (2,224) (2,211) (2,967)
Net income (loss) $ 26,927 $ 17,594 $ (50,451) $ 20,259
Net income (loss) per share:        
Basic (in USD per share) $ 0.23 $ 0.13 $ (0.42) $ 0.15
Diluted (in USD per share) $ 0.21 $ 0.12 $ (0.42) $ 0.15
Weighted-average shares used in computing net income (loss) per share:        
Basic (in shares) 117,307 131,133 120,471 130,746
Diluted (in shares) 136,468 154,807 120,471 133,644
Product revenue, net        
Revenues:        
Total revenues $ 89,954 $ 79,345 $ 246,785 $ 197,377
Other revenue        
Revenues:        
Total revenues $ 4,922 $ 1,285 $ 11,697 $ 7,837