v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Total revenues $ 32,906 $ 24,476 $ 69,322 $ 54,810
Costs of goods sold and services:        
Total costs of goods sold and services 20,232 14,475 41,081 29,970
Gross profit 12,674 10,001 28,241 24,840
Operating expenses:        
Research and development 7,821 9,081 15,144 19,117
Selling, general and administrative 27,350 30,350 57,121 61,520
Impairment and restructuring costs 26,934 7,670 46,769 7,670
Total operating expenses 62,105 47,101 119,034 88,307
Loss from operations (49,431) (37,100) (90,793) (63,467)
Other income (expense), net:        
Interest income 761 2,692 1,653 5,962
Change in fair value of contingent liabilities (79) 4,273 1,422 3,894
Other income (expense), net (239) 49 21,182 108
Loss before income taxes (48,988) (30,086) (66,536) (53,503)
Income tax benefit 54 73 61 2,986
Net loss $ (48,934) $ (30,013) $ (66,475) $ (50,517)
Net loss per common share, basic (in dollars per share) $ (1.04) $ (0.77) $ (1.41) $ (1.30)
Net loss per common share, diluted (in dollars per share) $ (1.04) $ (0.77) $ (1.41) $ (1.30)
Weighted-average common shares outstanding, basic (in shares) 47,167 38,893 47,068 38,801
Weighted-average common shares outstanding, diluted (in shares) 47,167 38,893 47,068 38,801
Product revenue        
Revenues:        
Total revenues $ 23,476 $ 16,832 $ 48,956 $ 37,572
Costs of goods sold and services:        
Total costs of goods sold and services 14,621 10,594 29,761 21,935
Service and other revenue        
Revenues:        
Total revenues 9,018 7,112 19,394 15,935
Costs of goods sold and services:        
Total costs of goods sold and services 5,611 3,881 11,320 8,035
Collaboration and license revenue        
Revenues:        
Total revenues $ 412 $ 532 $ 972 $ 1,303