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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, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
REVENUES:        
Total Revenues $ 715 $ 2,763 $ 2,140 $ 6,834
OPERATING EXPENSES:        
Research and Development 10,081 21,448 21,232 43,323
General and Administrative 3,908 5,621 8,804 11,215
Goodwill Impairment       90,976
Intangible Asset Impairment       18,677
Other Asset Impairment     1,800  
(Gain)/Loss on Fair Value Remeasurement of Contingent Consideration (1,017) (7,433) 502 (21,033)
Amortization of Acquired Intangible Assets 0 0 0 224
Total Operating Expenses 12,972 19,636 32,338 143,382
Operating Loss (12,257) (16,873) (30,198) (136,548)
Investment and Other Income, Net 478 466 1,180 1,245
Net Loss Before Income Tax Benefit (11,779) (16,407) (29,018) (135,303)
Income Tax Benefit       765
Net Loss $ (11,779) $ (16,407) $ (29,018) $ (134,538)
Basic and Diluted Net Loss Per Common Share $ (0.84) $ (1.67) $ (2.21) $ (14.01)
Shares Used in Calculating Basic and Diluted Net Loss Per Share 13,952 9,829 13,129 9,600
COMPREHENSIVE LOSS:        
Net Loss $ (11,779) $ (16,407) $ (29,018) $ (134,538)
Other Comprehensive Income (Loss):        
Unrealized Gain on Marketable Securities 36 31 55 26
Comprehensive Loss (11,743) (16,376) (28,963) (134,512)
Product Development and Licensing Agreements        
REVENUES:        
Total Revenues 195 1,667 325 2,662
Contracts and Grants        
REVENUES:        
Total Revenues $ 520 $ 1,096 $ 1,815 $ 4,172