v3.21.2
CONDENSED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Total revenues $ 26,266,000 $ 16,021,000 $ 107,284,000 $ 71,782,000
Costs and expenses:        
Cost of product sales 129,000 279,000 445,000 434,000
Research and development 16,807,000 14,214,000 33,633,000 30,363,000
Selling, general and administrative 22,378,000 18,920,000 44,499,000 37,350,000
Total costs and expenses 39,314,000 33,413,000 78,577,000 68,147,000
Income (loss) from operations (13,048,000) (17,392,000) 28,707,000 3,635,000
Interest income 16,000 169,000 17,000 527,000
Interest expense (1,759,000) (353,000) (2,244,000) (495,000)
Income (loss) before income taxes (14,791,000) (17,576,000) 26,480,000 3,667,000
Provision for (benefit from) income taxes (970,000) 0 801,000 0
Net income (loss) $ (13,821,000) $ (17,576,000) $ 25,679,000 $ 3,667,000
Net income (loss) per share        
Basic (in dollars per share) $ (0.08) $ (0.10) $ 0.15 $ 0.02
Diluted (in dollars per share) $ (0.08) $ (0.10) $ 0.15 $ 0.02
Weighted average shares used in computing net income (loss) per share        
Basic (in shares) 170,192 168,570 169,997 168,519
Diluted (in shares) 170,192 168,570 175,912 168,525
Product sales, net        
Total revenues $ 17,053,000 $ 14,974,000 $ 29,429,000 $ 27,654,000
Contract revenues from collaborations        
Total revenues 3,713,000 $ 1,047,000 69,355,000 $ 44,128,000
Government contract        
Total revenues $ 5,500,000   $ 8,500,000  

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