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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
REVENUE:        
Product Development and Licensing Agreements $ 694 $ 604 $ 1,250 $ 1,057
Contracts and Grants 3,135 785 4,113 1,635
Total Revenue 3,829 1,389 5,363 2,692
OPERATING EXPENSE:        
Research and Development 24,999 25,711 50,792 53,158
General and Administrative 6,534 7,790 13,763 17,097
Loss on Fair Value Remeasurement of Contingent Consideration 1,000   4,400  
Amortization of Acquired Intangible Assets 224 254 448 507
Total Operating Expense 32,757 33,755 69,403 70,762
Operating Loss (28,928) (32,366) (64,040) (68,070)
Investment and Other Income, Net 362 414 1,213 1,445
Net Loss $ (28,566) $ (31,952) $ (62,827) $ (66,625)
Basic and Diluted Net Loss Per Common Share (in dollars per share) $ (0.23) $ (0.32) $ (0.51) $ (0.67)
Shares Used in Calculating Basic and Diluted Net Loss per Share (in shares) 125,202 98,817 123,932 98,753
COMPREHENSIVE LOSS:        
Net Loss $ (28,566) $ (31,952) $ (62,827) $ (66,625)
Other Comprehensive Income:        
Unrealized Gain on Marketable Securities 15 36 36 416
Comprehensive Loss $ (28,551) $ (31,916) $ (62,791) $ (66,209)