v3.25.2
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue:        
Total revenue, net $ 13,459 $ 16,441 $ 24,156 $ 31,215
Costs and operating expenses:        
Cost of product revenue 1,944 1,509 3,206 2,835
Research and development 51,081 28,857 93,938 49,592
Selling and marketing 13,729 9,994 27,877 20,177
General and administrative 14,346 19,671 30,694 33,818
Total costs and operating expenses 81,100 60,031 155,715 106,422
Loss from operations (67,641) (43,590) (131,559) (75,207)
Other income (expense):        
Interest income 3,455 6,036 7,282 9,958
Interest expense (3,016) (3,196) (6,000) (7,247)
Change in fair value of derivative liabilities (641) (3,027) (1,619) (8,179)
Loss on extinguishment of debt       (27,950)
Gain on disposal of items of property and equipment 29   29  
Total other expense, net (173) (187) (308) (33,418)
Net loss $ (67,814) $ (43,777) $ (131,867) $ (108,625)
Net loss per share, basic (in dollars per share) $ (0.39) $ (0.26) $ (0.77) $ (0.73)
Weighted average common shares outstanding, basic (in shares) 172,594,662 165,824,778 171,004,629 148,922,937
Net loss per share, diluted (in dollars per share) $ (0.39) $ (0.26) $ (0.77) $ (0.73)
Weighted average common shares outstanding, diluted (in shares) 172,594,662 165,824,778 171,004,629 148,922,937
Product revenue, net        
Revenue:        
Total revenue, net $ 13,395 $ 16,379 $ 24,028 $ 31,094
Collaboration revenue        
Revenue:        
Total revenue, net $ 64 $ 62 $ 128 $ 121