Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Statements of Operations

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Unaudited Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue    
Product revenue, net $ 13,030 $ 12,165
Collaboration revenue   181
Other revenue   48
Net revenue 13,030 12,429
Operating expenses    
Cost of goods sold - product revenue 6,816 6,449
Research and development 24,839 35,276
Research and development - licenses acquired   4,230
Selling, general and administrative 17,941 25,341
Total operating expenses 49,596 71,296
Loss from operations (36,566) (58,867)
Other income (expense)    
Interest income 833 1,036
Interest expense and financing fee (2,602) (4,296)
Gain (loss) on common stock warrant liabilities (667) 6,678
Other income (expense) (21) 304
Total other income (expense) (2,457) 3,722
Net loss (39,023) (55,145)
Net loss attributable to non-controlling interests 23,606 33,608
Net loss attributable to Fortress (15,417) (21,537)
Net loss attributable to common stockholders $ (17,731) $ (23,545)
Net loss per common share attributable to common stockholders - basic $ (1.03) $ (3.47)
Weighted average common shares outstanding - basic 17,151,945 6,792,376
Related Party    
Revenue    
Revenue - related party   $ 35