Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Loss

v3.21.2
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Net revenue:        
Total revenues $ 6,620 $ 29 $ 7,534 $ 59
Operating expenses:        
Cost of sales 308 0 356 0
Selling, general and administrative 43,786 15,449 83,068 26,502
Research and development 10,091 11,076 19,924 24,911
Amortization of intangible assets 536 300 1,059 586
Other (income) expense, net (967) 67 804 1,983
Total cost and operating expenses 53,754 26,892 105,211 53,982
Loss from operations (47,134) (26,863) (97,677) (53,923)
Interest income 142 321 314 1,211
Net loss before income taxes (46,992) (26,542) (97,363) (52,712)
Income tax expense (benefit) 18 2 26 (236)
Net loss (47,010) (26,544) (97,389) (52,476)
Other comprehensive loss:        
Unrealized gain on available-for-sale securities, net of tax of $nil 7 0 13 0
Comprehensive loss $ (47,003) $ (26,544) $ (97,376) $ (52,476)
Basic loss per share (expressed in $ per share) $ (0.37) $ (0.24) $ (0.76) $ (0.47)
Diluted loss per share (expressed in $ per share) $ (0.37) $ (0.24) $ (0.76) $ (0.47)
Weighted-average common shares outstanding used in computation of basic loss per share 128,222 112,576 127,814 112,392
Weighted-average common shares outstanding used in computation of diluted loss per share 128,222 112,576 127,814 112,392
Retained Earnings        
Operating expenses:        
Net loss     $ (97,389) $ (52,476)
Product revenue, net        
Net revenue:        
Total revenues $ 6,591 $ 0 7,475 0
License revenue        
Net revenue:        
Total revenues $ 29 $ 29 $ 59 $ 59