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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, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
REVENUES:        
Total Revenues $ 236 $ 715 $ 2,965 $ 2,140
OPERATING EXPENSES:        
Research and Development 9,705 10,081 21,400 21,232
General and Administrative 3,528 3,908 7,194 8,804
Intangible Asset Impairment 3,500   3,500  
Other Asset Impairment       1,800
(Gain) Loss on Fair Value Remeasurement of Contingent Consideration (5,132) (1,017) (4,898) 502
Total Operating Expenses 11,601 12,972 27,196 32,338
Operating Loss (11,365) (12,257) (24,231) (30,198)
Investment and Other Income, Net 106 478 347 1,180
Net Loss Before Income Tax Benefit (11,259) (11,779) (23,884) (29,018)
Income Tax Benefit 228   228  
Net Loss $ (11,031) $ (11,779) $ (23,656) $ (29,018)
Basic and Diluted Net Loss Per Common Share $ (0.50) $ (0.84) $ (1.20) $ (2.21)
Shares Used in Calculating Basic and Diluted Net Loss Per Share 22,082 13,952 19,744 13,129
COMPREHENSIVE LOSS:        
Net Loss $ (11,031) $ (11,779) $ (23,656) $ (29,018)
Other Comprehensive Income (Loss):        
Unrealized (Loss) Gain on Marketable Securities (3) 36 (25) 55
Comprehensive Loss (11,034) (11,743) (23,681) (28,963)
Product Development and Licensing Agreements        
REVENUES:        
Total Revenues   195 2,285 325
Contracts and Grants        
REVENUES:        
Total Revenues $ 236 $ 520 $ 680 $ 1,815