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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
REVENUES:      
Total Revenues $ 9,538 $ 12,743 $ 6,786
OPERATING EXPENSES:      
Research and Development 66,449 96,171 102,726
General and Administrative 19,269 25,003 35,979
Goodwill Impairment 90,976    
Intangible Asset Impairment 18,677 13,000  
Gain on Fair Value Remeasurement of Contingent Consideration (29,621) (800)  
Amortization of Acquired Intangible Assets 224 896 997
Total Operating Expenses 165,974 134,270 139,702
Operating Loss (156,436) (121,527) (132,916)
Investment and Other Income, Net 4,487 4,214 4,386
Net Loss Before Income Tax Benefit (151,949) (117,313) (128,530)
Income Tax Benefit 765 24,282  
Net Loss $ (151,184) $ (93,031) $ (128,530)
Basic and Diluted Net Loss Per Common Share (in dollars per share) $ (14.48) $ (10.86) $ (18.99)
Shares Used in Calculating Basic and Diluted Net Loss Per Share (in shares) 10,442 8,570 6,769
COMPREHENSIVE LOSS:      
Net Loss $ (151,184) $ (93,031) $ (128,530)
Other Comprehensive Income (Loss):      
Unrealized Gain (Loss) on Marketable Securities 19 23 234
Comprehensive Loss (151,165) (93,008) (128,296)
Product Development and Licensing Agreements      
REVENUES:      
Total Revenues 3,341 3,153 2,174
Contracts and Grants      
REVENUES:      
Total Revenues $ 6,197 $ 9,590 $ 4,612