v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Product revenue, net $ 364,252 $ 212,802 $ 675,589 $ 350,052
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] Product [Member] Product [Member] Product [Member] Product [Member]
Operating expenses:        
Cost of sales $ 40,007 $ 9,065 $ 66,854 $ 13,578
Research and development 91,178 54,081 199,870 98,253
Selling, general and administrative 289,375 196,858 557,896 364,734
Total operating expenses 420,560 260,004 824,620 476,565
Loss from operations (56,308) (47,202) (149,031) (126,513)
Interest income 7,104 8,227 15,347 17,597
Interest expense (7,940) (3,264) (15,759) (6,561)
Other expense, net (795) (42) (2,887) (42)
Net loss $ (57,939) $ (42,281) $ (152,330) $ (115,519)
Net loss per common, Series A preferred and Series B preferred share:        
Basic net loss per common, Series A preferred, and Series B preferred share (in dollars per share) $ (1.99) $ (1.50) $ (5.24) $ (4.10)
Diluted net loss per common, Series A preferred, and Series B preferred share (in dollars per share) $ (1.99) $ (1.50) $ (5.24) $ (4.10)
Basic weighted average number of shares outstanding (Note 13) (in shares) 29,145,271 28,232,604 29,089,148 28,159,333
Diluted weighted average number of shares outstanding (Note 13) (in shares) 29,145,271 28,232,604 29,089,148 28,159,333