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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues:      
Total revenues $ 7,418 $ 3,573 $ 9,538
Operating expenses:      
Research and development 42,534 42,672 66,449
General and administrative 14,456 15,426 19,269
Goodwill impairment     90,976
Intangible asset impairment 18,000   18,677
Other asset impairment   1,800  
Gain on fair value remeasurement of contingent consideration (4,218) (1,294) (29,621)
Amortization of acquired intangible assets 0 0 224
Total operating expenses 70,772 58,604 165,974
Operating loss (63,354) (55,031) (156,436)
Investment and other income, net 2,407 4,153 4,487
Net loss before income tax benefit (60,947) (50,878) (151,949)
Income tax benefit 1,167   765
Net loss $ (59,780) $ (50,878) $ (151,184)
Basic and diluted net loss per common share $ (2.02) $ (3.51) $ (14.48)
Shares used in calculating basic and diluted net loss per share 29,640 14,507 10,442
Comprehensive loss:      
Net loss $ (59,780) $ (50,878) $ (151,184)
Other comprehensive income (loss):      
Unrealized (loss) gain on marketable securities (30) 36 19
Comprehensive loss (59,810) (50,842) (151,165)
Product development and licensing agreements      
Revenues:      
Total revenues 2,301 473 3,341
Contracts and grants      
Revenues:      
Total revenues $ 5,117 $ 3,100 $ 6,197