v3.26.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Total revenue $ 56,502 $ 52,436 $ 101,316 $ 98,443
Operating costs and expenses:        
Cost of sales 12,475 12,301 22,899 22,857
Selling, general and administrative 17,547 18,047 35,970 35,651
Research and development 18,895 15,452 38,690 29,315
Total operating costs and expenses 48,917 45,800 97,559 87,823
Income from operations 7,585 6,636 3,757 10,620
Other income (expenses):        
Interest income 831 956 1,833 2,057
Interest expense (180) (1,837) (911) (4,014)
Other income 9 410 139 769
Total other income (expenses), net 660 (471) 1,061 (1,188)
Net income before income taxes 8,245 6,165 4,818 9,432
Income tax expense (56) (310) (382) (603)
Net income $ 8,189 $ 5,855 $ 4,436 $ 8,829
Net income per share of common stock—basic (in dollars per share) $ 0.16 $ 0.12 $ 0.09 $ 0.18
Net income per share of common stock—diluted (in dollars per share) $ 0.16 $ 0.12 $ 0.08 $ 0.18
Weighted-average shares of common stock outstanding—basic (in shares) 50,939,946 49,700,217 50,892,800 49,648,246
Weighted-average shares of common stock outstanding—diluted (in shares) 52,596,589 50,144,704 52,278,925 50,003,709
Product [Member]        
Total revenue $ 53,560 $ 49,188 $ 95,519 $ 92,292
Royalty [Member]        
Total revenue $ 2,942 $ 3,248 $ 5,797 $ 6,151