XML 15 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue:        
Government contracts $ 134 $ 13,720 $ 2,080 $ 22,966
Research and development collaborations 2,371 276 4,643 906
Total revenue 2,505 13,996 6,723 23,872
Expenses:        
Research and development 64,904 27,729 133,856 56,076
General and administrative 14,099 7,088 24,627 12,931
Total expenses 79,003 34,817 158,483 69,007
Loss from operations (76,498) (20,821) (151,760) (45,135)
Other income (expense):        
Investment income 670 134 1,147 256
Interest expense (3,512) (26) (5,946) (62)
Other income (expense) (11) 72 (44) (70)
Net loss $ (79,351) $ (20,641) $ (156,603) $ (45,011)
Basic and diluted net loss per share $ (0.29) $ (0.08) $ (0.58) $ (0.18)
Basic and diluted weighted average number of common shares outstanding 270,760 268,083 270,469 254,727