XML 13 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Total revenue $ 374,557 $ 103,616 $ 1,566,387 $ 282,668
Operating expenses:        
Cost of Revenue 22,253 7,836 140,323 8,988
Research and development 114,166 98,669 319,475 319,665
Selling, general and administrative 43,174 50,496 123,019 105,016
Total operating expenses 179,593 157,001 582,817 433,669
Income (loss) from operations 194,964 (53,385) 983,570 (151,001)
Other income (expense):        
Change in fair value of equity investments (13,590) 164,072 (120,019) 164,072
Interest income 9,332 11 11,920 272
Other income (expense), net 27,026 64 30,447 (9,430)
Total other income (expense) 22,768 164,147 (77,652) 154,914
Income before benefit from (provision for) income taxes 217,732 110,762 905,918 3,913
Provision for income taxes (42,420) (334) (288,478) (583)
Net income $ 175,312 $ 110,428 $ 617,440 $ 3,330
Net income per share, basic $ 1.32 $ 0.85 $ 4.66 $ 0.03
Net income per share, diluted $ 1.30 $ 0.82 $ 4.58 $ 0.02
Weighted-average shares outstanding, basic 132,729,530 130,665,831 132,422,028 129,520,837
Weighted-average share outstanding, diluted 134,963,317 133,854,419 134,711,777 133,318,979
Collaboration Revenue [Member]        
Revenues:        
Total revenue $ 309,145 $ 102,398 $ 1,483,860 $ 107,731
Contract Revenue [Member]        
Revenues:        
Total revenue 39,998 315 52,534 169,581
License        
Revenues:        
Total revenue 22,289 0 22,289 0
Grant Revenue        
Revenues:        
Total revenue $ 3,125 $ 903 $ 7,704 $ 5,356