v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Total revenues $ 57,480,000 $ 49,036,000 $ 109,317,000 $ 88,639,000
Costs and operating expenses:        
Cost of goods sold 9,240,000 1,190,000 10,932,000 2,396,000
Research and development 22,030,000 21,736,000 36,986,000 36,814,000
Selling, general and administrative 38,863,000 38,564,000 74,288,000 78,587,000
Restructuring charges (157,000) 0 (551,000) 0
Total costs and operating expenses 69,976,000 61,490,000 121,655,000 117,797,000
Loss from operations (12,496,000) (12,454,000) (12,338,000) (29,158,000)
Interest income 2,971,000 4,656,000 6,392,000 9,808,000
Interest expense (7,146,000) (8,516,000) (14,293,000) (16,716,000)
Other income (expense), net (9,000) (61,000) (83,000) (144,000)
Net loss $ (16,680,000) $ (16,375,000) $ (20,322,000) $ (36,210,000)
Basic net loss per share (in dollars per share) $ (0.02) $ (0.02) $ (0.03) $ (0.05)
Diluted net loss per share (in dollars per share) $ (0.02) $ (0.02) $ (0.03) $ (0.05)
Weighted-average shares used in calculating basic net loss per share (in shares) 670,696 666,170 670,039 666,039
Weighted-average shares used in calculating diluted net loss per share (in shares) 670,696 666,170 670,039 666,039
Product revenue, net        
Revenues:        
Total revenues $ 57,473,000 $ 49,007,000 $ 109,244,000 $ 88,443,000
Royalties        
Revenues:        
Total revenues $ 7,000 $ 29,000 $ 73,000 $ 196,000