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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
REVENUES:      
Total Revenues $ 3,573 $ 9,538 $ 12,743
OPERATING EXPENSES:      
Research and Development 42,672 66,449 96,171
General and Administrative 15,426 19,269 25,003
Goodwill Impairment   90,976  
Intangible Asset Impairment   18,677 13,000
Other Asset Impairment 1,800    
Gain on Fair Value Remeasurement of Contingent Consideration (1,294) (29,621) (800)
Amortization of Acquired Intangible Assets   224 896
Total Operating Expenses 58,604 165,974 134,270
Operating Loss (55,031) (156,436) (121,527)
Investment and Other Income, Net 4,153 4,487 4,214
Net Loss Before Income Tax Benefit (50,878) (151,949) (117,313)
Income Tax Benefit   765 24,282
Net Loss $ (50,878) $ (151,184) $ (93,031)
Basic and Diluted Net Loss Per Common Share $ (3.51) $ (14.48) $ (10.86)
Shares Used in Calculating Basic and Diluted Net Loss per Share 14,507 10,442 8,570
COMPREHENSIVE LOSS:      
Net Loss $ (50,878) $ (151,184) $ (93,031)
Other Comprehensive Income (Loss):      
Unrealized Gain on Marketable Securities 36 19 23
Comprehensive Loss (50,842) (151,165) (93,008)
Product Development and Licensing Agreements      
REVENUES:      
Total Revenues 473 3,341 3,153
Contracts and Grants      
REVENUES:      
Total Revenues $ 3,100 $ 6,197 $ 9,590