Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF OPERATIONS

v3.24.0.1
STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Total revenues $ 116,882,000 $ 120,242,000 $ 149,236,000
Costs and expenses:      
Cost of product sales 7,110,000 1,749,000 1,083,000
Research and development 24,522,000 60,272,000 65,237,000
Selling, general and administrative 105,741,000 112,451,000 91,891,000
Restructuring charges   1,320,000 3,521,000
Total costs and expenses 137,373,000 175,792,000 161,732,000
Loss from operations (20,491,000) (55,550,000) (12,496,000)
Interest income 2,272,000 684,000 47,000
Interest expense (6,872,000) (3,707,000) (4,860,000)
Loss before income taxes (25,091,000) (58,573,000) (17,309,000)
Provision for income taxes     605,000
Net loss $ (25,091,000) $ (58,573,000) $ (17,914,000)
Net loss per share, basic (in dollars per share) $ (0.14) $ (0.34) $ (0.11)
Net loss per share, diluted (in dollars per share) $ (0.14) $ (0.34) $ (0.11)
Weighted average shares used in computing net loss per share, basic (in shares) 174,017 172,406 170,492
Weighted average shares used in computing net loss per share, diluted (in shares) 174,017 172,406 170,492
Product sales, net      
Total revenues $ 104,294,000 $ 76,718,000 $ 63,010,000
Revenues from collaborations      
Total revenues 11,488,000 39,024,000 75,726,000
Government contracts      
Total revenues $ 1,100,000 $ 4,500,000 $ 10,500,000