v3.26.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Income Statement [Abstract]    
Commercialization revenue $ 516 $ 98,149
Costs and operating expenses:    
Cost of commercialization revenue 124 20,439
Research and development expenses 164 27,433
General and administrative expenses 3,597 11,475
Total costs and operating expenses 3,885 59,347
Income (loss) from operations (3,369) 38,802
Other income (expense), net:    
Interest income 54 236
Interest expense (830) (1,017)
Other income (expense), net 0 (11)
Total other income (expense), net (776) (792)
Income (loss) before provision for (benefit from) income taxes (4,145) 38,010
Provision for (benefit from) income taxes 0 0
Net income (loss) (4,145) 38,010
Other comprehensive gain (loss):    
Unrealized gain (loss) on available-for-sale securities (1) (8)
Comprehensive income (loss) $ (4,146) $ 38,002
Basic (loss) earnings per common share $ (0.29) $ 3.53
Diluted (loss) earnings per common share $ (0.29) $ 3.5
Basic weighted-average shares outstanding 14,081 10,764
Diluted weighted-average shares outstanding 14,081 10,851

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