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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, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
REVENUES:        
Total Revenues $ 2,763 $ 3,829 $ 6,834 $ 5,363
OPERATING EXPENSES:        
Research and Development 21,448 24,999 43,323 50,792
General and Administrative 5,621 6,534 11,215 13,763
Goodwill Impairment     90,976  
Intangible Asset Impairment     18,677  
(Gain)/Loss on Fair Value Remeasurement of Contingent Consideration (7,433) 1,000 (21,033) 4,400
Amortization of Acquired Intangible Assets 0 224 224 448
Total Operating Expenses 19,636 32,757 143,382 69,403
Operating Loss (16,873) (28,928) (136,548) (64,040)
Investment and Other Income, Net 466 362 1,245 1,213
Net Loss Before Income Tax Benefit (16,407) (28,566) (135,303) (62,827)
Income Tax Benefit     765  
Net Loss $ (16,407) $ (28,566) $ (134,538) $ (62,827)
Basic and Diluted Net Loss Per Common Share (in dollars per share) $ (0.11) $ (0.23) $ (0.93) $ (0.51)
Shares Used in Calculating Basic and Diluted Net Loss Per Share (in shares) 147,428 125,202 144,007 123,932
COMPREHENSIVE LOSS:        
Net Loss $ (16,407) $ (28,566) $ (134,538) $ (62,827)
Other Comprehensive Income (Loss):        
Unrealized Gain (Loss) on Marketable Securities 31 15 26 36
Comprehensive Loss (16,376) (28,551) (134,512) (62,791)
Product Development and Licensing Agreements        
REVENUES:        
Total Revenues 1,667 694 2,662 1,250
Contracts and Grants        
REVENUES:        
Total Revenues $ 1,096 $ 3,135 $ 4,172 $ 4,113