v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Income Statement [Abstract]    
NET REVENUES $ 83,679 $ 87,988
OPERATING EXPENSES    
Cost of sales (exclusive of amortization of acquired intangible assets) 20,533 16,383
Research and development 14,428 12,588
Selling, general and administrative 64,899 58,620
Amortization of acquired intangible assets 2,226 28,325
Total operating expenses, net 102,086 115,916
Operating loss (18,407) (27,928)
Interest income 2,545 3,099
Net gains (losses) on equity securities 2,022 (1,425)
Interest expense (134) (17)
Other loss (439) 0
Loss before income taxes (14,413) (26,271)
Income tax expense (benefit) 109 (423)
Net loss $ (14,522) $ (25,848)
Loss per share, basic (in dollars per share) $ (0.49) $ (0.90)
Loss per share, diluted (in dollars per share) $ (0.49) $ (0.90)
Weighted-average shares outstanding, basic (in shares) 29,889 28,609
Weighted-average shares outstanding, diluted (in shares) 29,889 28,609

Source