v3.26.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Product revenue, net $ 92,100 $ 71,539 $ 175,227 $ 131,658
Costs and expenses:        
Cost of goods sold 12,512 11,898 23,086 20,626
Research and development 10,669 8,055 19,452 15,808
Selling, general and administrative 61,035 44,393 114,179 88,411
Amortization of intangible assets 2,711 2,711 5,421 5,421
Total costs and expenses 86,927 67,057 162,138 130,266
Income from operations 5,173 4,482 13,089 1,392
Other income (expense):        
Interest and other income 1,455 948 2,657 2,123
Loss on debt extinguishment, net (30,782) 0 (30,782) 0
Interest expense (6,947) (7,358) (13,831) (14,663)
Total other expense (36,274) (6,410) (41,956) (12,540)
Net loss before income taxes (31,101) (1,928) (28,867) (11,148)
Income tax benefit 0 0 0 0
Net loss (31,101) (1,928) (28,867) (11,148)
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustments 14 1 15 1
Comprehensive loss $ (31,087) $ (1,927) $ (28,852) $ (11,147)
Net loss per common share - basic (in dollars per share) $ (0.18) $ (0.01) $ (0.17) $ (0.07)
Net loss per common share - Diluted (in dollars per share) $ (0.18) $ (0.01) $ (0.17) $ (0.07)
Weighted average common shares outstanding - basic (in shares) 172,823,455 159,459,413 171,679,686 155,972,048
Weighted average common shares outstanding - Diluted (in shares) 172,823,455 159,459,413 171,679,686 155,972,048
Product revenue, net        
Product revenue, net $ 91,004 $ 67,708 $ 173,458 $ 125,510
Royalty, contract and other revenue        
Product revenue, net $ 1,096 $ 3,831 $ 1,769 $ 6,148