Quarterly report [Sections 13 or 15(d)]

CONDENSED STATEMENTS OF OPERATIONS

v3.25.1
CONDENSED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Total revenues $ 53,333 $ 29,534
Costs and expenses:    
Cost of product sales 4,409 2,025
Research and development 8,436 6,026
Selling, general and administrative 27,715 28,449
Total costs and expenses 40,560 36,500
Income (loss) from operations 12,773 (6,966)
Interest income 591 593
Interest expense (1,853) (1,874)
Income (loss) before income taxes 11,511 (8,247)
Provision for income taxes 65 0
Net income (loss) $ 11,446 $ (8,247)
Net income (loss) per share    
Basic (in dollars per share) $ 0.64 $ (0.47)
Diluted (in dollars per share) $ 0.63 $ (0.47)
Weighted average shares used in computing net income (loss) per share    
Basic (in shares) 17,808 17,520
Diluted (in shares) 18,169 17,520
Product sales, net    
Total revenues $ 43,550 $ 26,003
Contract revenues from collaborations    
Total revenues $ 9,783 $ 3,531