Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Statements of Operations

v3.22.2.2
Unaudited Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue        
Product revenue, net $ 16,043 $ 19,610 $ 55,074 $ 45,617
Collaboration revenue 364 1,446 1,518 4,646
Revenue - related party 48 29 118 252
Other revenue 73   2,629  
Net revenue 16,528 21,085 59,339 50,515
Operating expenses        
Cost of goods sold - product revenue 7,221 11,167 23,057 22,559
Research and development 29,855 27,367 99,707 70,226
Research and development - licenses acquired 47 713 48 15,585
Selling, general and administrative 30,139 22,221 85,457 59,145
Wire transfer fraud loss   9,540   9,540
Total operating expenses 67,262 71,008 208,269 177,055
Loss from operations (50,734) (49,923) (148,930) (126,540)
Other income (expense)        
Interest income 419 132 711 505
Interest expense and financing fee (3,393) (4,444) (8,897) (9,393)
Foreign exchange loss (21)   (21)  
Change in fair value of investments   8,376 0 39,294
Change in fair value of derivative liability   (2)   (184)
Grant income 669   669  
Total other income (expense) (2,326) 4,062 (7,538) 30,222
Net loss (53,060) (45,861) (156,468) (96,318)
Net loss attributable to non-controlling interests 30,549 25,080 96,841 63,180
Net loss attributable to common stockholders $ (22,511) $ (20,781) $ (59,627) $ (33,138)
Net loss per common share - basic $ (0.59) $ (0.56) $ (1.77) $ (1.19)
Net loss per common share - diluted (0.59) (0.56) (1.77) (1.19)
Net loss per common share attributable to non-controlling interests - basic (0.34) (0.31) (1.10) (0.78)
Net loss per common share attributable to non-controlling interests - diluted (0.34) (0.31) (1.10) (0.78)
Net income (loss) per common share attributable to common stockholders - basic (0.25) (0.26) (0.68) (0.41)
Net income (loss) per common share attributable to common stockholders - diluted $ (0.25) $ (0.26) $ (0.68) $ (0.41)
Weighted average common shares outstanding - basic 89,424,947 81,348,243 88,291,970 81,056,165
Weighted average common shares outstanding - diluted 89,424,947 81,348,243 88,291,970 81,056,165