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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Total revenue, net $ 67,491 $ 80,167 $ 124,010 $ 166,142
Less: Cost of goods sold 24,722 23,199 49,337 48,993
Less: Cost of goods sold - restructuring inventory 0 14,300 0 26,554
Gross margin 42,769 42,668 74,673 90,595
Operating expenses:        
Selling, general and administrative 38,547 50,953 78,436 110,540
Research and development 4,746 5,642 10,344 11,323
Restructuring   10,032   10,032
Total operating expenses 43,293 66,627 88,780 131,895
Operating loss (524) (23,959) (14,107) (41,300)
Interest income, net 3,271 3,001 6,654 5,222
Other income, net 145 3,043 1,689 3,667
Income (loss) from operations before taxes 2,892 (17,915) (5,764) (32,411)
(Provision for) benefit from income taxes (1,370) 355 (2,667) (1,609)
Net income (loss) $ 1,522 $ (17,560) $ (8,431) $ (34,020)
Earnings (loss) per share:        
Basic $ 0 $ (0.04) $ (0.02) $ (0.08)
Diluted $ 0 $ (0.04) $ (0.02) $ (0.08)
Weighted average shares:        
Basic 410,851 407,848 410,565 407,017
Diluted 411,395 407,848 410,565 407,017
Product Revenue, Net        
Total revenue, net $ 47,514 $ 65,187 $ 102,670 $ 149,841
Licensing and Royalty Revenue        
Total revenue, net $ 19,977 $ 14,980 $ 21,340 $ 16,301