| Schedule of Cash Operating Expenses Reconciled to Net Loss on Consolidated Basis |
The following table presents selected financial information with respect to the Company's single operating segment for the three and six months ended June 30, 2025 and 2024 (in thousands):
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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2025 |
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2024 |
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2025 |
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|
2024 |
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Revenue |
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Product revenue, net |
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$ |
32,657 |
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$ |
- |
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$ |
32,657 |
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$ |
- |
|
Net loss |
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|
(4,708 |
) |
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|
(21,854 |
) |
|
|
(48,481 |
) |
|
|
(43,252 |
) |
Less total other income, net |
|
|
1,817 |
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|
|
3,014 |
|
|
|
3,787 |
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|
|
5,091 |
|
Operating loss |
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|
(6,525 |
) |
|
|
(24,868 |
) |
|
|
(52,268 |
) |
|
|
(48,343 |
) |
Total operating expenses |
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|
39,182 |
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|
|
24,868 |
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|
|
84,925 |
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|
48,343 |
|
Less non-cash expenses |
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Depreciation and amortization |
|
|
(502 |
) |
|
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(494 |
) |
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(1,006 |
) |
|
|
(984 |
) |
Non-cash lease expense |
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|
(169 |
) |
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|
(70 |
) |
|
|
(364 |
) |
|
|
(139 |
) |
Change in fair value of contingent consideration |
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|
(1,101 |
) |
|
|
(1,637 |
) |
|
|
(4,068 |
) |
|
|
(2,038 |
) |
Stock-based compensation |
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|
(9,698 |
) |
|
|
(7,160 |
) |
|
|
(24,377 |
) |
|
|
(13,605 |
) |
Cash operating expenses |
|
$ |
27,712 |
|
|
$ |
15,507 |
|
|
$ |
55,110 |
|
|
$ |
31,577 |
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