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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
REVENUES:        
Total Revenues $ 546 $ 941 $ 2,686 $ 7,774
OPERATING EXPENSES:        
Research and Development 11,101 11,918 32,333 55,242
General and Administrative 3,403 3,722 12,207 14,936
Goodwill Impairment       90,976
Intangible Asset Impairment       18,677
Other Asset Impairment     1,800  
Gain on Fair Value Remeasurement of Contingent Consideration (2,114) (6,935) (1,612) (27,968)
Amortization of Acquired Intangible Assets 0 0 0 224
Total Operating Expenses 12,390 8,705 44,728 152,087
Operating Loss (11,844) (7,764) (42,042) (144,313)
Investment and Other Income, Net 431 521 1,611 1,767
Net Loss Before Income Tax Benefit (11,413) (7,243) (40,431) (142,546)
Income Tax Benefit       765
Net Loss $ (11,413) $ (7,243) $ (40,431) $ (141,781)
Basic and Diluted Net Loss Per Common Share $ (0.75) $ (0.66) $ (2.92) $ (14.12)
Shares Used in Calculating Basic and Diluted Net Loss Per Share 15,282 10,912 13,854 10,042
COMPREHENSIVE LOSS:        
Net Loss $ (11,413) $ (7,243) $ (40,431) $ (141,781)
Other Comprehensive Income (Loss):        
Unrealized Gain (Loss) on Marketable Securities (3) (8) 52 18
Comprehensive Loss (11,416) (7,251) (40,379) (141,763)
Product Development and Licensing Agreements        
REVENUES:        
Total Revenues 55 131 379 2,792
Contracts and Grants        
REVENUES:        
Total Revenues $ 491 $ 810 $ 2,307 $ 4,982