v3.26.1
Segment Information (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting
Summary of segment net (loss) income, including segment expenses were as follows:

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(in thousands)(in thousands)
Revenues:
Net product revenue$680 $1,322 $1,770 $2,584 
Licensing and milestone revenue— 27,544 20,000 27,544 
Royalties and other revenue12 — 24 — 
Total revenues692 28,866 21,794 30,128 
Operating expenses:
Cost of sales39 33 147 63 
Research and development16,059 14,127 27,446 27,736 
Sales and marketing834 1,233 1,915 3,908 
General and administrative6,964 6,466 13,408 14,292 
Other segment expense (1)
3,336 3,271 6,414 6,072 
Total operating expenses27,232 25,130 49,330 52,071 
(Loss) income from operations(26,540)3,736 (27,536)(21,943)
Interest and other expense(2,609)(2,318)(4,199)(4,153)
Interest and other income1,723 1,834 3,266 4,053 
Loss on early extinguishment of debt(4,349)— (4,349)— 
Net (loss) income$(31,775)$3,252 $(32,818)$(22,043)
(1) For the three and six months ended June 30, 2026, other segment expense includes stock compensation of (i) $1.4 million and $2.8 million, respectively, related to research and development personnel and (ii) $2.0 million and $3.7 million, respectively, related to general and administrative personnel. For the three and six months ended June 30, 2025, other segment expense primarily includes, among other items, stock compensation of (i) $1.6 million and $3.2 million, respectively, related to research and development personnel, (ii) $0.01 million and $0.05 million, respectively, related to sales and marketing personnel and (iii) $1.6 million and $3.0 million, respectively, related to general and administrative personnel.