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SEGMENT REPORTING (Tables) | 6 Months Ended
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Jun. 30, 2025
Segment Reporting [Abstract] |
Schedule of Reconciliation of Reported Revenues to Net (Loss) Income Under Significant Expense Principle | The following table reconciles reported revenues to net (loss) income under the significant expense principle for the three and six months ended June 30, 2025 and 2024:
| Three Months Ended June 30, | Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Revenues: |  |  |  |  |  |  |
Product revenue, net | $ | 49.0 |  |  | $ | 0.8 |  |  | $ | 88.4 |  |  | $ | 0.8 |
Royalties | — |  |  | 0.1 |  | 0.2 |  | 0.4
Total revenues | $ | 49.0 |  |  | $ | 0.9 |  |  | $ | 88.6 |  |  | $ | 1.2 |
Costs and operating expenses: |  |  |  |  |  |  |
Cost of goods sold | 1.2 |  |  | — |  |  | 2.4 |  | — |
Research and development |  |  |  |  |  |  |
Research and clinical expenses | 19.8 |  |  | 18.5 |  |  | 33.5 |  | 36.2
Chemistry, manufacturing, and control expenses | 1.9 |  |  | 12.3 |  |  | 3.3 |  | 24.0
Selling, general and administrative |  |  |  |  |  |  |
Commercial expenses | 18.8 |  |  | 18.9 |  |  | 36.5 |  | 29.0
Other segment expenses* | 19.8 |  |  | 20.5 |  |  | 42.1 |  | 37.5
Total operating expenses | $ | 61.5 |  |  | $ | 70.2 |  |  | $ | 117.8 |  |  | $ | 126.7 |
Loss from operations | (12.5) |  |  | (69.3) |  |  | (29.2) |  |  | (125.5) |
Total interest and other income (expense) | (3.9) |  |  | 2.0 |  |  | $ | (7.1) |  |  | 2.7
Net loss | $ | 16.4 |  |  | $ | 67.3 |  |  | $ | (36.2) |  |  | $ | (122.8) |
___________________________ *Other segment expenses includes stock-based compensation expense and other general and administrative expenses largely resulting from personnel costs for individuals in administrative functions and legal and professional fees.

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- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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