v3.26.1
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue:        
Total revenue, net $ 13,475 $ 13,459 $ 24,260 $ 24,156
Costs and operating expenses:        
Cost of product revenue 2,011 1,944 3,340 3,206
Research and development 54,138 51,081 120,351 93,938
Selling and marketing 17,276 13,729 33,853 27,877
General and administrative 22,159 14,346 42,166 30,694
Total costs and operating expenses 95,584 81,100 199,710 155,715
Loss from operations (82,109) (67,641) (175,450) (131,559)
Other income (expense):        
Interest income 5,449 3,455 11,500 7,282
Interest expense (2,792) (3,016) (5,569) (6,000)
Change in fair value of derivative liabilities 689 (641) 2,144 (1,619)
Gain on sale of property and equipment   29   29
Total other income (expense), net 3,346 (173) 8,075 (308)
Net loss $ (78,763) $ (67,814) $ (167,375) $ (131,867)
Net loss per share, basic (in dollars per share) $ (0.35) $ (0.39) $ (0.75) $ (0.77)
Weighted average common shares outstanding, basic (in shares) 224,952,428 172,594,662 224,528,253 171,004,629
Net loss per share, diluted (in dollars per share) $ (0.35) $ (0.39) $ (0.75) $ (0.77)
Weighted average common shares outstanding, diluted (in shares) 224,952,428 172,594,662 224,528,253 171,004,629
Product revenue, net        
Revenue:        
Total revenue, net $ 13,475 $ 13,395 $ 24,260 $ 24,028
Collaboration revenue        
Revenue:        
Total revenue, net   $ 64   $ 128