| Segment Information |
Segment Information The Company operates as a single operating segment that is engaged in discovering, developing, and commercializing products that address medical conditions with significant unmet needs in the areas of oncology, immunology, neuroscience, and infectious disease. A global research and development organization and a supply chain organization discover, develop, manufacture, and supply the Company’s products. A global commercial organization markets, distributes, and sells the products. The business is also supported by global corporate staff functions. The Company’s Chief Operating Decision Maker (the “CODM”) is the Chief Executive Officer, who assesses performance and allocates resources based on significant expenses and net income on a consolidated basis. The significant expenses that are regularly provided to the CODM include those amounts that are also reported on the consolidated statement of operations as well as below additional disaggregated measures. The CODM also reviews cash position (which includes cash and cash equivalents, current restricted cash, and short-term investments that are reported on the consolidated balance sheets) when making operating decisions. In accordance with ASC 280, the Company has only one reportable segment. The following tables present disaggregated expenses that are regularly provided to the CODM: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | Personnel compensation and related costs | | 22,713 | | | 22,447 | | | 41,183 | | | 46,527 | | | Licensing fees | | 15,000 | | | — | | | 37,000 | | | 19,997 | | | CROs/CMOs/Investigators expenses | | 18,259 | | | 19,935 | | | 37,800 | | | 29,765 | | | Other costs | | 5,794 | | | 8,232 | | | 11,374 | | | 15,054 | | | Total research and development expenses | | 61,766 | | | 50,614 | | | 127,357 | | | 111,343 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | Clinical programs | | 14,792 | | | 16,967 | | | 45,881 | | | 45,059 | | | Pre-Clinical programs | | 19,609 | | | 5,069 | | | 31,325 | | | 8,383 | | | Unallocated research and development expenses | | 27,365 | | | 28,578 | | | 50,151 | | | 57,901 | | | Total research and development expenses | | 61,766 | | | 50,614 | | | 127,357 | | | 111,343 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | Personnel compensation and related costs | | 44,707 | | | 42,679 | | | 85,767 | | | 83,322 | | | Other costs | | 28,165 | | | 28,359 | | | 52,175 | | | 51,138 | | | Total selling, general, and administrative expenses | | 72,872 | | | 71,038 | | | 137,942 | | | 134,460 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | Selling and marketing expenses | | 51,556 | | | 46,764 | | | 94,994 | | | 88,703 | | | General and administrative expenses | | 21,316 | | | 24,274 | | | 42,948 | | | 45,757 | | | Total selling, general, and administrative expenses | | 72,872 | | | 71,038 | | | 137,942 | | | 134,460 | |
|