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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues:        
Product, net $ 35,011,000   $ 51,353,000  
Total revenues 35,011,000   51,353,000  
Costs and expenses:        
Cost of sales 534,000   786,000  
Research and development 58,908,000 $ 44,348,000 88,027,000 $ 83,174,000
Selling, general and administrative 36,069,000 17,752,000 62,285,000 38,628,000
EXONDYS 51 litigation and license charges 2,839,000   2,839,000  
Total cost and expenses 98,350,000 62,100,000 153,937,000 121,802,000
Operating loss (63,339,000) (62,100,000) (102,584,000) (121,802,000)
Other income (loss):        
Gain from sale of Priority Review Voucher     125,000,000  
Interest income (expense) and other, net 184,000 (201,000) 519,000 (269,000)
Total other income (loss) 184,000 (201,000) 125,519,000 (269,000)
(Loss) income before income tax (benefit) expense (63,155,000) (62,301,000) 22,935,000 (122,071,000)
Income tax (benefit) expense (109,000) 0 1,891,000 0
Net (loss) income (63,046,000) (62,301,000) 21,044,000 (122,071,000)
Other comprehensive income:        
Unrealized gain on short-term securities - available-for-sale 17,000 6,000 82,000 112,000
Total other comprehensive income 17,000 6,000 82,000 112,000
Comprehensive (loss) income $ (63,029,000) $ (62,295,000) $ 21,126,000 $ (121,959,000)
Net income (loss) per share:        
Basic (loss) earnings per share $ (1.15) $ (1.35) $ 0.38 $ (2.66)
Diluted (loss) earnings per share $ (1.15) $ (1.35) $ 0.37 $ (2.66)
Weighted average number of shares of common stock used in calculating:        
Basic (loss) earnings per share 54,976 46,157 54,913 45,927
Diluted (loss) earnings per share 54,976 46,157 56,176 45,927