v3.25.2
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Total revenues $ 76,527 $ 72,386 $ 154,881 $ 138,649
Expenses:        
Cost of goods sold - commercial 4,607 5,605 8,375 9,424
Research and development 13,675 11,816 24,697 21,829
Selling, general and administrative 31,622 24,112 56,636 46,441
Loss (gain) on foreign currency transaction 5,363 (529) 7,872 (1,928)
Total expenses 71,228 55,776 127,289 105,317
Income from operations 5,299 16,610 27,592 33,332
Other income (expense):        
Interest income, net 1,832 3,177 3,788 6,611
Interest expense (285) (6,051) (4,930) (8,618)
Interest expense on liability for sale of future royalties (3,473) (4,383) (7,050) (8,631)
Interest expense on financing liability (2,433) (2,444) (4,843) (4,891)
Loss on settlement of debt   (7,050)   (7,050)
Loss on available-for-sale securities   (1,550)   (1,550)
Total other expense (4,359) (18,301) (13,035) (24,129)
Income (loss) before income tax expense 940 (1,691) 14,557 9,203
Income tax expense 272 323 731 587
Net income (loss) $ 668 $ (2,014) $ 13,826 $ 8,616
Net income (loss) per share - basic $ 0 $ (0.01) $ 0.05 $ 0.03
Weighted average shares used to compute net income (loss) per share - basic 304,954 273,056 304,222 271,706
Net income (loss) per share - diluted $ 0 $ (0.01) $ 0.04 $ 0.03
Weighted average shares used to compute net income (loss) per share - diluted 311,484 273,056 312,381 279,358
Commercial product sales        
Revenues:        
Total revenues $ 22,454 $ 20,780 $ 41,427 $ 39,544
Collaborations and services        
Revenues:        
Total revenues 22,845 26,014 52,221 50,862
Expenses:        
Cost of revenue 15,961 14,772 29,709 29,551
Royalties        
Revenues:        
Total revenues $ 31,228 $ 25,592 $ 61,233 $ 48,243