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STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
REVENUES:      
Product Development and Licensing Agreements $ 3,153 $ 2,174 $ 1,442
Contracts and Grants 9,590 4,612 4,038
Total Revenues 12,743 6,786 5,480
OPERATING EXPENSES:      
Research and Development 96,171 102,726 100,171
General and Administrative 25,003 35,979 33,837
In-Process Research and Development Impairment 13,000    
Gain on Fair Value Remeasurement of Contingent Consideration (800)    
Amortization of Acquired Intangible Assets 896 997 1,013
Total Operating Expenses 134,270 139,702 135,021
Operating Loss (121,527) (132,916) (129,541)
Investment and Other Income, Net 4,214 4,386 2,344
Net Loss Before Income Tax Benefit (117,313) (128,530) (127,197)
Income Tax Benefit 24,282    
Net Loss $ (93,031) $ (128,530) $ (127,197)
Basic and Diluted Net Loss Per Common Share (in dollars per share) $ (0.72) $ (1.27) $ (1.31)
Shares Used in Calculating Basic and Diluted Net Loss per Share (in shares) 128,543 101,529 97,051
COMPREHENSIVE LOSS:      
Net Loss $ (93,031) $ (128,530) $ (127,197)
Other Comprehensive Income (Loss):      
Foreign Currency Translation Adjustments     15
Unrealized Gain (Loss) on Marketable Securities 23 234 (298)
Comprehensive Loss $ (93,008) $ (128,296) $ (127,480)