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Summary of Significant Accounting Policies (Tables) | 6 Months Ended
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Jun. 30, 2024
Accounting Policies [Abstract] |
Schedule of Computation of Basic and Diluted Earnings (Loss) Per Common Share | The following table sets forth the computation of basic and diluted earnings (loss) per common share:
(in thousands, except share and per share amounts) | Three months ended June 30, |  | Six months ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Numerator: |  |  |  |  |  |  |
Numerator for basic earnings (loss) per share - income available to common stockholders | $ | 49,232 |  |  | $ | (42,496) |  |  | $ | 7,304 |  |  | $ | (91,661) |
Add back interest on 2027 Notes | 2,500 |  |  | — |  |  | — |  |  | — |
Numerator of diluted earnings (loss) per share | $ | 51,732 |  |  | $ | (42,496) |  |  | $ | 7,304 |  |  | $ | (91,661) |
Denominator: |  |  |  |  |  |  |
Denominator for basic earnings (loss) per share - common shares outstanding | 226,221,202 |  |  | 95,446,929 |  |  | 225,978,219 |  |  | 95,160,204 |
Add back 2027 Notes, as converted | 12,321,900 |  |  | — |  |  | — |  |  | — |
Denominator for diluted earnings (loss) per share - adjusted weighted average shares outstanding | 238,543,102 |  |  | 95,446,929 |  |  | 225,978,219 |  |  | 95,160,204 |
Basic earnings (loss) per common share | $ | 0.22 |  |  | $ | (0.45) |  |  | $ | 0.03 |  |  | $ | (0.96) |
Diluted earnings (loss) per common share | $ | 0.22 |  |  | $ | (0.45) |  |  | $ | 0.03 |  |  | $ | (0.96) |
Schedule of Potentially Dilutive Securities not Included in Calculation of Diluted Net Loss Per Share | The table below provides potentially dilutive securities not included in the calculation of the diluted net loss per share because to do so would be anti-dilutive (in common stock equivalent shares):
| Three months ended June 30, |  | Six months ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
2027 Notes | — |  |  | 12,321,900 |  |  | 12,321,900 |  |  | 12,321,900 |
Shares issuable upon exercise of stock options | 35,190,675 |  |  | 19,739,058 |  |  | 35,190,675 |  |  | 19,739,058 |
Shares issuable upon exercise of Equity Option granted to Chiesi | 22,396,498 |  |  | — |  |  | 22,396,498 |  |  | — |
Shares issuable upon exercise of warrants | 32,467,360 |  |  | — |  |  | 32,467,360 |  |  | — |
Non-vested shares under restricted stock grants | — |  |  | 444,687 |  |  | — |  |  | 444,687 |
Total potentially dilutive securities | 90,054,533 |  |  | 32,505,645 |  |  | 102,376,433 |  |  | 32,505,645 |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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