v3.26.1
Condensed Consolidated Statements of Operations (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Revenue from contract with customer, license and other revenue $ 33,432 $ 37,929 $ 68,498 $ 67,944
Operating expenses:        
Research and development 28,957 32,788 62,754 67,406
Selling, general and administrative 25,916 28,477 52,600 55,829
Total operating expenses 55,958 62,316 117,784 125,587
Loss from operations (22,526) (24,387) (49,286) (57,643)
Other income (expense):        
Interest income 722 613 1,233 1,613
Interest expense (13,144) (11,228) (25,697) (22,222)
Other (expense) income, net (32,075) (2,210) (15,664) 17,614
Total other expense, net (44,497) (12,825) (40,128) (2,995)
Loss before income taxes (67,023) (37,212) (89,414) (60,638)
Income tax provision 0 (40) (1) (76)
Net loss $ (67,023) $ (37,252) $ (89,415) $ (60,714)
Diluted net loss per share $ (2.32) $ (4.32) $ (3.51) $ (7.11)
Basic net loss per share $ (2.32) $ (4.32) $ (3.51) $ (7.11)
Weighted-average number of common shares outstanding used to compute basic net loss per share 28,938 8,620 25,495 8,545
Weighted-average number of common shares outstanding used to compute diluted net loss per share 28,938 8,620 25,495 8,545
Product [Member]        
Revenues:        
Revenue from contract with customer, license and other revenue $ 30,776 $ 29,681 $ 59,939 $ 50,735
Operating expenses:        
Cost of sales 1,085 1,051 2,430 2,352
License and Other [Member]        
Revenues:        
Revenue from contract with customer, license and other revenue $ 2,656 $ 8,248 $ 8,559 $ 17,209