XML 14 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Revenue:        
Royalty revenue $ 1.5 $ 1.7 $ 1.6 $ 3.4
Non-cash royalty revenue related to the sale of future royalties 2.3 2.3
Total revenue 3.8 1.7 3.9 3.4
Operating expense:        
Research and development 10.2 6.3 17.8 11.8
General and administrative 2.1 2.1 4.3 4.4
Foreign exchange (gain) loss, net 0.1 (0.2) 0.5
Total operating expense 12.4 8.2 22.1 16.7
Loss from operations (8.6) (6.5) (18.2) (13.3)
Other (expense) income:        
Non-cash interest expense on liability related to sale of future royalties (0.5) (0.9)
Interest income 0.1 0.1 0.1
Total other (expense) income (0.4) (0.8) 0.1
Loss before tax (9.0) (6.5) (19.0) (13.2)
Income tax expense 0.1 0.1
Net loss $ (9.1) $ (6.5) $ (19.1) $ (13.2)
Basic and diluted net loss per share (in dollars per share) $ (0.24) $ (0.17) $ (0.49) $ (0.34)
Basic and diluted weighted-average shares outstanding (in shares) 38,640,487 38,636,946 38,640,487 38,630,587