v3.26.1
Condensed 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:        
Total net revenues $ 37,589 $ 18,928 $ 61,855 $ 36,210
Cost of sales:        
Product sales and royalties, net 12,176 7,004 21,707 14,425
Gross profit 25,413 11,924 40,148 21,785
Operating expenses:        
Research and development 993 3,712 2,868 4,873
General and administrative 11,626 9,687 22,072 18,857
Total operating expenses 12,619 13,399 24,940 23,730
Income (loss) from operations 12,794 (1,475) 15,208 (1,945)
Other expense:        
Interest and other expense, net (1,076) (1,044) (1,916) (2,072)
Income (loss) before income tax expense 11,718 (2,519) 13,292 (4,017)
Income tax expense 140 66 160 140
Net income (loss) $ 11,578 $ (2,585) $ 13,132 $ (4,157)
Net income (loss) per share, basic (in dollars per share) $ 0.42 $ (0.1) $ 0.48 $ (0.15)
Weighted average number of common shares outstanding, basic (in shares) 27,642,000 26,893,000 27,444,000 26,889,000
Net income (loss) per share, diluted (in dollars per share) $ 0.35 $ (0.1) $ 0.41 $ (0.15)
Weighted average number of common shares outstanding, diluted (in shares) 32,787,000 26,893,000 32,298,000 26,889,000
Product [Member]        
Revenues:        
Total net revenues $ 37,589 $ 18,928 $ 61,855 $ 32,924
Cost of sales:        
Product sales and royalties, net 12,176 7,004 21,707 13,600
License [Member]        
Revenues:        
Total net revenues 0 0 0 3,286
Cost of sales:        
Product sales and royalties, net $ 0 $ 0 $ 0 $ 825