| Schedule of Segment Reporting |
The following table illustrates information about segment revenues, significant segment expenses, and segment net income (loss) for the three and six months ended June 30, 2026 and 2025: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Revenues | $ | 218,250 | | | $ | 163,353 | | | $ | 374,663 | | | $ | 308,887 | | | | | | | | | | Less1: | | | | | | | | | Cost of product sales | 3,840 | | | 2,798 | | | 9,217 | | | 7,366 | | | Acquired in-process research and development | — | | | — | | | 697,761 | | | — | | | Research and development (excluding stock-based compensation) | | | | | | | | | Navenibart | 17,328 | | | — | | | 27,069 | | | — | | | BCX17725 | 5,240 | | | 3,316 | | | 7,147 | | | 5,772 | | | Berotralstat | 1,611 | | | 4,766 | | | 3,407 | | | 6,640 | | | Avoralstat | 351 | | | 3,305 | | | 1,244 | | | 5,784 | | | STAR-0310 | 91 | | | — | | | 774 | | | — | | | Research, discovery and preclinical programs | 3,441 | | | 3,560 | | | 7,411 | | | 6,604 | | | Compensation and related personnel costs | 11,390 | | | 12,369 | | | 38,481 | | | 24,712 | | | Other non-program specific and indirect costs | 7,044 | | | 6,743 | | | 14,463 | | | 13,289 | | | Sales and marketing (excluding stock-based compensation) | 33,947 | | | 45,589 | | | 76,900 | | | 93,259 | | | General and administrative (excluding stock-based compensation) | 20,810 | | | 29,817 | | | 63,203 | | | 51,776 | | | Stock-based compensation | 14,692 | | | 21,304 | | | 30,719 | | | 42,672 | | | Interest income | (2,434) | | | (2,516) | | | (4,690) | | | (5,540) | | | Interest expense | 21,712 | | | 21,582 | | | 41,491 | | | 45,076 | | | Foreign currency (gains) losses | (27) | | | 63 | | | 198 | | | 62 | | | Loss on extinguishment of debt | — | | | 4,171 | | | — | | | 4,171 | | | Other (income) expense, net | (260) | | | — | | | 1,202 | | | — | | | Income tax expense | 1,079 | | | 1,401 | | | 2,083 | | | 2,127 | | Consolidated net income (loss) | $ | 78,395 | | | $ | 5,085 | | | $ | (643,417) | | | $ | 5,117 | | 1 The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. |
|