XML 39 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Jan. 31, 2015
Jan. 31, 2014
Jan. 31, 2015
Jan. 31, 2014
REVENUES:        
Contract manufacturing revenue $ 5,677,000us-gaap_RevenueOtherManufacturedProducts $ 3,885,000us-gaap_RevenueOtherManufacturedProducts $ 17,436,000us-gaap_RevenueOtherManufacturedProducts $ 15,820,000us-gaap_RevenueOtherManufacturedProducts
License revenue 0us-gaap_LicensesRevenue 0us-gaap_LicensesRevenue 37,000us-gaap_LicensesRevenue 107,000us-gaap_LicensesRevenue
Total revenues 5,677,000us-gaap_Revenues 3,885,000us-gaap_Revenues 17,473,000us-gaap_Revenues 15,927,000us-gaap_Revenues
COSTS AND EXPENSES:        
Cost of contract manufacturing 3,113,000us-gaap_CostOfOtherManufacturedProducts 2,416,000us-gaap_CostOfOtherManufacturedProducts 10,835,000us-gaap_CostOfOtherManufacturedProducts 9,281,000us-gaap_CostOfOtherManufacturedProducts
Research and development 11,261,000us-gaap_ResearchAndDevelopmentExpense 6,649,000us-gaap_ResearchAndDevelopmentExpense 31,465,000us-gaap_ResearchAndDevelopmentExpense 18,910,000us-gaap_ResearchAndDevelopmentExpense
Selling, general and administrative 4,325,000us-gaap_SellingGeneralAndAdministrativeExpense 4,563,000us-gaap_SellingGeneralAndAdministrativeExpense 13,503,000us-gaap_SellingGeneralAndAdministrativeExpense 12,913,000us-gaap_SellingGeneralAndAdministrativeExpense
Total costs and expenses 18,699,000us-gaap_CostsAndExpenses 13,628,000us-gaap_CostsAndExpenses 55,803,000us-gaap_CostsAndExpenses 41,104,000us-gaap_CostsAndExpenses
LOSS FROM OPERATIONS (13,022,000)us-gaap_OperatingIncomeLoss (9,743,000)us-gaap_OperatingIncomeLoss (38,330,000)us-gaap_OperatingIncomeLoss (25,177,000)us-gaap_OperatingIncomeLoss
OTHER INCOME (EXPENSE):        
Interest and other income 29,000us-gaap_InterestAndOtherIncome 23,000us-gaap_InterestAndOtherIncome 108,000us-gaap_InterestAndOtherIncome 68,000us-gaap_InterestAndOtherIncome
Interest and other expense (1,000)us-gaap_InterestExpense (4,000)us-gaap_InterestExpense (1,000)us-gaap_InterestExpense (5,000)us-gaap_InterestExpense
NET LOSS (12,994,000)us-gaap_NetIncomeLoss (9,724,000)us-gaap_NetIncomeLoss (38,223,000)us-gaap_NetIncomeLoss (25,114,000)us-gaap_NetIncomeLoss
COMPREHENSIVE LOSS (12,994,000)us-gaap_ComprehensiveIncomeNetOfTax (9,724,000)us-gaap_ComprehensiveIncomeNetOfTax (38,223,000)us-gaap_ComprehensiveIncomeNetOfTax (25,114,000)us-gaap_ComprehensiveIncomeNetOfTax
Series E preferred stock accumulated dividends (1,033,000)us-gaap_PreferredStockDividendsIncomeStatementImpact 0us-gaap_PreferredStockDividendsIncomeStatementImpact (2,577,000)us-gaap_PreferredStockDividendsIncomeStatementImpact 0us-gaap_PreferredStockDividendsIncomeStatementImpact
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (14,027,000)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ (9,724,000)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ (40,800,000)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ (25,114,000)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - Basic and Diluted 182,519,923us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 163,223,767us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 180,562,524us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 156,521,874us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted
BASIC AND DILUTED LOSS PER COMMON SHARE $ (0.08)us-gaap_EarningsPerShareBasicAndDiluted $ (0.06)us-gaap_EarningsPerShareBasicAndDiluted $ (0.23)us-gaap_EarningsPerShareBasicAndDiluted $ (0.16)us-gaap_EarningsPerShareBasicAndDiluted