v3.26.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Product sales, net $ 9,893 $ 0
Costs and expenses:    
Cost of product sales 587 0
Research and development 13,358 23,846
Selling, general and administrative 13,369 11,123
Total costs and expenses 27,314 34,969
Loss from operations (17,421) (34,969)
Interest and other income 1,475 1,123
Interest expense, net of remeasurement adjustments (5,894) (3,654)
Net gain (loss) on change in fair value of financial instruments 73,146 (65)
Income (loss) from continuing operations before income tax expense 51,306 (37,565)
Income tax expense (57) 0
Net income (loss) from continuing operations 51,249 (37,565)
Net income (loss) from discontinued operations, net of tax 4,811 4,105
Net income (loss) $ 56,060 $ (33,460)
Basic net income (loss) per share:    
Net income (loss) from continuing operations (in dollars per share) $ 0.71 $ (0.65)
Net income from discontinued operations (in dollars per share) 0.07 0.07
Net income (loss) (in dollars per share) 0.78 (0.58)
Diluted net income (loss) per share:    
Net income (loss) from continuing operations (in dollars per share) 0.57 (0.65)
Net income from discontinued operations (in dollars per share) 0.05 0.07
Net income (loss) (in dollars per share) $ 0.62 $ (0.58)
Weighted-average shares used in per share computation:    
Basic (in shares) 71,917,180 58,056,357
Diluted (in shares) 90,116,352 58,056,357