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Consolidated Statements of Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues:      
Net product revenue $ 32,331 $ 26,583 $ 15,890
Collaborative agreements 289,231 36,271 75,621
Royalties and other revenue 511 355 178
Total revenues 322,073 63,209 91,689
Operating expenses:      
Cost of sales (including finite-lived intangible asset amortization) 3,231 2,491 1,899
Research and development, including stock-based compensation of $7,096, $6,010, and $4,905, respectively 91,924 100,243 152,223
Increase in fair value of Symphony Icon, Inc. purchase liability 0 0 2,101
General and administrative, including stock-based compensation of $7,122, $5,686, and $4,567, respectively 56,835 63,754 66,090
Total operating expenses 180,628 166,488 222,313
Income (loss) from operations 141,445 (103,279) (130,624)
Interest expense (20,676) (20,777) (6,984)
Interest and other income, net 3,350 3,508 1,954
Net income (loss) before taxes 124,119 (120,548) (135,654)
Income tax benefit 6,014 0 12,661
Net income (loss) 130,133 (120,548) (122,993)
Other comprehensive loss:      
Unrealized gain (loss) on investments 96 210 (27)
Comprehensive loss $ 130,229 $ (120,338) $ (123,020)
Earnings Per Share, Basic $ 1.23 $ (1.14) $ (1.17)
Earnings Per Share, Diluted $ 1.16 $ (1.14) $ (1.17)
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) $ 28,638 $ 0 $ 0
Weighted Average Number of Shares Outstanding, Diluted 116,747 105,830 105,237
Weighted Average Number of Shares Issued, Basic 106,218 105,830 105,237