v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenue:    
Revenue $ 204,918 $ 120,856
Costs and expenses:    
Cost of revenue 33,510 15,541
Research and development:    
Stock-based compensation 4,875 3,331
Other research and development 43,521 43,031
Total research and development 48,396 46,362
Selling, general and administrative:    
Stock-based compensation 15,075 11,640
Other selling, general and administrative 73,142 38,691
Total selling, general and administrative 88,217 50,331
Total costs and expenses 170,123 112,234
Operating income 34,795 8,622
Other expense (income):    
Interest expense 7,666 6,757
Loss on extinguishment of debt 9,153 0
Other income (2,387) (3,603)
Total other expense 14,432 3,154
Net income before taxes 20,363 5,468
Income tax expense (586) (408)
Net income $ 19,777 $ 5,060
Net income per common share:    
Basic (in dollars per share) $ 0.14 $ 0.03
Diluted (in dollars per share) $ 0.12 $ 0.03
Weighted-average shares of common stock outstanding    
Basic (in shares) 144,439,370 146,677,783
Diluted (in shares) 160,062,326 162,769,202
Product [Member]    
Revenue:    
Revenue $ 201,308 $ 119,655
License [Member]    
Revenue:    
Revenue $ 3,610 $ 1,201