v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME        
Net product revenue $ 261,280 $ 200,489 $ 476,667 $ 385,222
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember
Cost of product sold $ 63,198 $ 38,153 $ 107,710 $ 70,147
Cost, Product and Service [Extensible Enumeration] us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember
Gross profit $ 198,082 $ 162,336 $ 368,957 $ 315,075
Operating expenses:        
Research and development 46,596 50,159 115,979 84,699
Sales and marketing 34,120 30,073 65,814 60,784
General and administrative 28,050 33,924 60,557 65,167
Total operating expenses 108,766 114,156 242,350 210,650
Operating income 89,316 48,180 126,607 104,425
Other expense, net (53) (193) (180) (469)
Interest expense (3,070) (3,646) (6,304) (7,482)
Interest income 7,072 5,296 12,829 10,340
Income before income taxes 93,265 49,637 132,952 106,814
Income tax expense (17,834) (9,861) (25,033) (21,478)
Net income 75,431 39,776 107,919 85,336
Unrealized (loss) income on investments (314) (6) (1,073) 173
Comprehensive income $ 75,117 $ 39,770 $ 106,846 $ 85,509
EARNINGS PER SHARE:        
Basic (in dollars per share) $ 1.3 $ 0.69 $ 1.86 $ 1.49
Diluted (in dollars per share) $ 1.28 $ 0.68 $ 1.84 $ 1.46
Weighted average number of shares of common stock - basic (in shares) 57,933,818 57,469,775 57,876,756 57,390,298
Weighted average number of shares of common stock - diluted (in shares) 58,755,359 58,427,134 58,769,504 58,468,717