v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue:        
Total revenue $ 5,862 $ 12,702 $ 10,885 $ 16,141
Operating expenses:        
Cost of product revenue 435 340 979 763
Cost of license and collaboration revenue 443 154 788 168
Selling, general and administrative 10,349 8,852 20,338 17,700
Research and development 6,034 1,846 9,894 4,130
Legal settlement, net of insurance recovery 1,698 0 1,698 0
Total operating expenses 18,959 11,192 33,697 22,761
(Loss) income from operations (13,097) 1,510 (22,812) (6,620)
Other expense:        
Interest income 111 228 312 565
Interest expense (164) (2,131) (324) (4,334)
Change in fair value of derivative liability 0 598 0 852
Other expense (3) (1) (11) (1)
Total other expense, net (56) (1,306) (23) (2,918)
Net (loss) income $ (13,153) $ 204 $ (22,835) $ (9,538)
Net (loss) income per share, basic (in dollars per share) $ (0.62) $ 0.02 $ (1.07) $ (1.01)
Weighted-average common shares outstanding, basic (in shares) 21,305,025 9,488,055 21,305,025 9,485,907
Net (loss) income per share, diluted (in dollars shares) $ (0.62) $ 0.02 $ (1.07) $ (1.01)
Weighted-average common shares outstanding, diluted (in shares) 21,305,025 9,490,600 21,305,025 9,485,907
Product revenue, net        
Revenue:        
Total revenue $ 5,093 $ 4,534 $ 9,383 $ 7,956
License and collaboration revenue        
Revenue:        
Total revenue $ 769 $ 8,168 $ 1,502 $ 8,185