v3.25.1
Segment Reporting
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Segment Reporting Disclosure Segment Reporting
The Company’s chief operating decision maker (“CODM”), the Chief Executive Officer, manages the Company’s operations and business as one operating segment and allocates resources to operations of the Company on an entity-wide basis. The CODM assesses performance of the Company and determines resource allocation primarily based on net product sales and loss from operations on a consolidated basis. The CODM uses loss from operations to monitor budget versus actual results and considers any adjustments and actions required for good fiscal management.
The Company’s CODM is regularly provided with entity-wide expense categories similar to those found in the consolidated statements of operations, as well as the following (in thousands):
 Three Months Ended March 31,
 20252024
Revenue:  
Product sales, net$111,585 $68,917 
License and other revenue— 305 
Total revenue111,585 69,222 
Less:
Cost of sales (excluding intangible amortization and other non-cash expenses)17,124 10,220 
General and administrative expenses (excluding stock-based compensation)11,681 11,616 
Commercialization and Medical Affairs expenses (excluding stock-based compensation)35,782 26,433 
Research and development expenses (excluding stock-based compensation)40,815 28,361 
Stock-based compensation15,472 11,450 
Intangible amortization and other non-cash expenses5,894 7,610 
Loss from operations$(15,183)$(26,468)