SUPERNUS PHARMACEUTICALS INC
For the period ended Jun 30, 2024. Filed Aug 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 6, 2024
SUPN$28.75+4.1%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Earnings (Loss)
(in thousands, except share and per share data)
| Three Months EndedJune 30, | Six Months EndedJune 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| (unaudited) · (unaudited) | ||||
| Revenues | ||||
| Net product sales | $162,538 | $128,336 | $300,999 | $268,911 |
| Royalty, licensing and other revenues | 5,787 | 7,227 | 10,970 | 20,416 |
| Total revenues | 168,325 | 135,563 | 311,969 | 289,327 |
| Costs and expenses | ||||
| Cost of goods sold(a) | 17,916 | 21,091 | 34,225 | 44,551 |
| Research and development | 26,183 | 24,379 | 51,113 | 45,591 |
| Selling, general and administrative | 85,904 | 86,782 | 172,420 | 172,379 |
| Amortization of intangible assets | 20,108 | 20,108 | 40,245 | 40,074 |
| Contingent consideration expense (gain) | (4,355) | 790 | (5,450) | (857) |
| Total costs and expenses | 145,756 | 153,150 | 292,553 | 301,738 |
| Operating earnings (loss) | 22,569 | (17,587) | 19,416 | (12,411) |
| Other income (expense) | ||||
| Interest and other income, net | 3,733 | 1,370 | 7,129 | 6,716 |
| Interest expense | — | (910) | — | (2,415) |
| Total other income (expense) | 3,733 | 460 | 7,129 | 4,301 |
| Earnings (loss) before income taxes | 26,302 | (17,127) | 26,545 | (8,110) |
| Income tax expense (benefit) | 6,386 | (16,296) | 6,505 | (24,227) |
| Net earnings (loss) | $19,916 | $(831) | $20,040 | $16,117 |
| Earnings (loss) per share | ||||
| Basic | $0.36 | $(0.02) | $0.37 | $0.30 |
| Diluted | $0.36 | $(0.02) | $0.36 | $0.29 |
| Weighted average shares outstanding | ||||
| Basic | 54,978,781 | 54,502,993 | 54,890,265 | 54,442,463 |
| Diluted | 55,724,283 | 54,502,993 | 55,675,474 | 59,035,154 |
(a) Excludes amortization of acquired intangible assets
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