Income Statement

v3.24.0.1

STATEMENTS OF OPERATIONS - USD ($) shares in Thousands	12 Months Ended
STATEMENTS OF OPERATIONS - USD ($) shares in Thousands	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

- Definition

The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities.

Source