XML 36 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
REVENUE:    
Product Development and Licensing Agreements $ 35 $ 30
Contracts and Grants 381 50
Product Royalties   2,334
Total Revenue 416 2,414
OPERATING EXPENSE:    
Research and Development 27,070 14,090
Royalty   2,334
General and Administrative 4,582 3,138
Amortization of Acquired Intangible Assets 253 253
Total Operating Expense 31,905 19,815
Operating Loss (31,489) (17,401)
Investment and Other Income, Net 1,586 379
Interest Expense   (310)
Net Loss (29,903) (17,332)
Basic and Diluted Net Loss Per Common Share (Note 3) (in dollars per share) $ (0.33) $ (0.23)
Shares Used in Calculating Basic and Diluted Net Loss per Share (Note 3) (in shares) 89,270 74,027
COMPREHENSIVE LOSS:    
Net Loss (29,903) (17,332)
Other Comprehensive (Loss) Income:    
Foreign Currency Translation Adjustments 1 (2)
Unrealized (Loss) Gain on Marketable Securities 1 (54)
Comprehensive Loss $ (29,901) $ (17,388)