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
Revenues [Abstract]        
Revenue $ 218,375 $ 150,042 $ 409,578 $ 271,505
Operating expenses:        
Cost of revenue (excluding amortization and depreciation) 13,564 13,448 28,289 23,237
Research and development 46,227 49,541 98,904 94,326
Selling, general and administrative 208,137 130,280 393,133 251,067
Gain in fair value of contingent consideration (1,496) (8,102) (906) (6,590)
Intangible asset amortization 1,589 1,589 3,161 3,161
Total operating expenses 268,021 186,756 522,581 365,201
Loss from operations (49,646) (36,714) (113,003) (93,696)
Interest expense, net [1] (1,540) (1,834) (2,725) (4,265)
Loss on debt extinguishment 0 (10,385) 0 (10,385)
Loss before income taxes (51,186) (48,933) (115,728) (108,346)
Income tax benefit (expense) (128) 960 (128) 960
Net loss $ (51,314) $ (47,973) $ (115,856) $ (107,386)
Net loss per common share, basic $ (0.99) $ (0.97) $ (2.25) $ (2.18)
Net loss per common share, diluted $ (0.99) $ (0.97) $ (2.25) $ (2.18)
Weighted average common shares outstanding, basic 51,799,708 49,442,001 51,500,690 49,158,159
Weighted average common shares outstanding, diluted 51,799,708 49,442,001 51,500,690 49,158,159
Product Sales        
Revenues [Abstract]        
Revenue $ 216,355 $ 148,959 $ 405,755 $ 269,317
Royalty and Milestone Revenue        
Revenues [Abstract]        
Revenue $ 2,020 $ 1,083 $ 3,823 $ 2,188
[1] Interest expense, net of $1,540 for the three months ended June 30, 2026 comprises (i) consolidated interest expense of $3,200 and (ii) consolidated interest income of $1,660. Interest expense, net of $2,725 for the six months ended June 30, 2026 comprises (i) consolidated interest expense of $6,292 and (ii) consolidated interest income of $3,567. Interest expense, net of $1,834 for the three months ended June 30, 2025 comprises (i) consolidated interest expense of $4,086 and (ii) consolidated interest income of $2,252. Interest expense, net of $4,265 for the six months ended June 30, 2025 comprises (i) consolidated interest expense of $9,344 and (ii) consolidated interest income of $5,079.