Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF OPERATIONS

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CONDENSED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Total revenues $ 55,307 $ 28,134 $ 121,682 $ 81,090
Costs and expenses:        
Cost of product sales 8,026 1,268 12,858 3,320
Research and development 6,182 6,475 17,748 21,336
Selling, general and administrative 27,043 24,856 83,539 78,891
Total costs and expenses 41,251 32,599 114,145 103,547
Income (loss) from operations 14,056 (4,465) 7,537 (22,457)
Interest income 425 672 1,570 1,594
Interest expense (2,060) (1,899) (5,963) (4,965)
Net income (loss) $ 12,421 $ (5,692) $ 3,144 $ (25,828)
Net income (loss) per share        
Basic (in dollars per share) $ 0.71 $ (0.33) $ 0.18 $ (1.49)
Diluted (in dollars per share) $ 0.70 $ (0.33) $ 0.18 $ (1.49)
Weighted average shares used in computing net income (loss) per share        
Basic (in shares) 17,600 17,436 17,556 17,389
Diluted (in shares) 17,648 17,436 17,599 17,389
Product sales, net        
Total revenues $ 38,927 $ 27,129 $ 98,380 $ 74,755
Revenues from collaborations        
Total revenues $ 16,380 $ 1,005 $ 23,302 5,335
Government contracts        
Total revenues       $ 1,000