v3.26.1
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:        
Total revenues $ 360,519 $ 178,875 $ 633,070 $ 1,354,971
Operating expenses:        
Cost of product, collaboration and license sales, excluding amortization of acquired intangible assets 19,921 11,420 47,949 24,282
Amortization of acquired intangible assets 11,841 4,061 23,422 7,859
Research and development 99,150 112,990 200,023 221,963
Selling, general and administrative 80,630 85,262 166,813 166,223
Change in the fair value of contingent consideration       (800)
Tangible asset impairment and losses on transactions, net   99 927 176
Total operating expenses 211,542 213,832 439,134 419,703
Income (loss) from operations 148,977 (34,957) 193,936 935,268
Interest expense, net (48,481) (30,358) (97,511) (64,450)
Other expense, net (2,951) (5,737) (1,342) (12,042)
Income (loss) before income tax (expense) benefit 97,545 (71,052) 95,083 858,776
Income tax (expense) benefit (14,049) 6,203 (14,396) (57,063)
Net income (loss) attributable to common stockholders $ 83,496 $ (64,849) $ 80,687 $ 801,713
Weighted-average shares outstanding:        
Basic (in shares) 83,006,808 78,151,240 82,765,248 78,438,830
Diluted (in shares) 92,020,009 78,151,240 91,824,273 86,502,578
Net income(loss) per share        
Basic (in dollars per share) $ 1.01 $ (0.83) $ 0.97 $ 10.22
Diluted (in dollars per share) $ 0.92 $ (0.83) $ 0.9 $ 9.29
Net product revenue        
Revenues:        
Total revenues $ 238,819 $ 118,329 $ 464,392 $ 271,755
Collaboration and license revenue        
Revenues:        
Total revenues 50,595 2,941 50,738 989,172
Royalty revenue        
Revenues:        
Total revenues $ 71,105 $ 57,605 $ 117,940 $ 94,044