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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, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Product, net $ 73,529 $ 35,011 $ 138,133 $ 51,353
Total revenues 73,529 35,011 138,133 51,353
Costs and expenses:        
Cost of sales (excluding amortization of in-licensed rights) 6,735 506 12,317 729
Research and development 122,848 58,908 169,052 88,027
Selling, general and administrative 47,156 36,069 90,497 62,285
EXONDYS 51 litigation and license charges   2,839   2,839
Amortization of in-licensed rights 217 28 433 57
Total costs and expenses 176,956 98,350 272,299 153,937
Operating loss (103,427) (63,339) (134,166) (102,584)
Other (loss) income:        
Gain from sale of Priority Review Voucher       125,000
Interest (expense) income and other, net (5,218) 184 (9,703) 519
Other (loss) income (5,218) 184 (9,703) 125,519
(Loss) income before income tax expense (benefit) (108,645) (63,155) (143,869) 22,935
Income tax expense (benefit) 622 (109) 761 1,891
Net (loss) income (109,267) (63,046) (144,630) 21,044
Other comprehensive (loss) income:        
Unrealized gain on cash equivalents and short-term investments 282 17 18 82
Total other comprehensive income 282 17 18 82
Comprehensive (loss) income $ (108,985) $ (63,029) $ (144,612) $ 21,126
Net (loss) income per share        
Basic (loss) earnings per share $ (1.67) $ (1.15) $ (2.22) $ 0.38
Diluted (loss) earnings per share $ (1.67) $ (1.15) $ (2.22) $ 0.37
Weighted average number of shares of common stock used in computing:        
Basic (loss) earnings per share 65,484 54,976 65,060 54,913
Diluted (loss) earnings per share 65,484 54,976 65,060 56,176