v3.25.2
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Total revenue $ 13,677 $ 128,231 $ 20,962 $ 133,909
Operating expenses:        
Cost of goods sold (2,501)   (3,380) 0
Research and development (22,979) (40,448) (51,836) (75,655)
Selling, general and administrative (18,485) (19,083) (41,767) (38,815)
Total operating expenses (43,965) (59,531) (96,983) (114,470)
(Loss)/profit from operations (30,288) 68,700 (76,021) 19,439
Interest income 233 1,376 1,143 2,721
Interest expense (962) (526) (2,843) (526)
Other income (expense), net 1,289 497 984 436
(Loss)/profit before income tax expense (29,728) 70,047 (76,737) 22,070
Income tax expense (612) (526) (1,187) (1,052)
Net (loss)/profit attributable to ordinary shareholders $ (30,340) $ 69,521 $ (77,924) $ 21,018
Net (loss)/profit per ordinary share        
Basic net loss per share (in dollars per share) $ (0.02) $ 0.05 $ (0.05) $ 0.01
Diluted net loss per share (in dollars per share) $ (0.02) $ 0.04 $ (0.05) $ 0.01
Weighted average shares outstanding:        
Weighted average shares outstanding, Basic 1,584,522,868 1,533,531,837 1,563,458,270 1,492,386,749
Weighted average shares outstanding, Diluted 1,584,522,868 1,559,183,774 1,563,458,270 1,519,004,675
Product revenue, net        
Total revenue $ 11,078   $ 15,126  
Development revenue        
Total revenue $ 2,599 $ 128,231 $ 5,836 $ 133,909

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