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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Total revenues $ 10,091 $ 17,554 $ 22,334 $ 33,991
Operating expenses:        
Cost of products 3,285 3,622 5,742 6,888
Research and development expenses 4,057 10,292 9,587 17,621
Selling, general and administrative expenses 7,095 6,758 15,008 17,204
Intangible asset amortization 203 204 406 405
Changes in fair value of contingent consideration 918 (377) 3,396 1,757
Gain on sale of hospital business (45,760) 0 (45,760) 0
Restructuring costs 24 1,506 183 2,734
Total operating (income) expense (30,178) 22,005 (11,438) 46,609
Operating income (loss) 40,269 (4,451) 33,772 (12,618)
Investment and other (expense) income, net (741) 950 (1,119) 1,767
Interest expense (3,237) (3,106) (6,427) (6,168)
Loss on deconsolidation of subsidiary 0 (167) 0 (2,840)
Other expense - changes in fair value of contingent consideration payable (125) (50) (435) (357)
Income (loss) before income taxes 36,166 (6,824) 25,791 (20,216)
Income tax provision (benefit) 5,292 1,781 (4,218) 1,407
Net income (loss) $ 30,874 $ (8,605) $ 30,009 $ (21,623)
Net income (loss) per share - basic (in dollars per share) $ 0.57 $ (0.23) $ 0.63 $ (0.58)
Net income (loss) per share - diluted (in dollars per share) $ 0.49 $ (0.23) $ 0.58 $ (0.58)
Weighted average number of shares outstanding - basic (in shares) 54,272 37,356 47,665 37,355
Weighted average number of shares outstanding - diluted (in shares) 69,942 37,356 63,083 37,355