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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenue:        
Total revenue $ 48,847 $ 23,315 $ 99,420 $ 51,537
Operating costs and expenses:        
Cost of goods sold 5,773 5,018 9,584 10,458
Research and development 96,436 106,686 205,423 225,149
General and administrative 24,347 22,581 50,564 47,587
Impairment of assets and other costs for terminated program 0 0 45,189 0
Total operating costs and expenses 126,556 134,285 310,760 283,194
Loss from operations (77,709) (110,970) (211,340) (231,657)
Non-operating income (expense):        
Interest expense (647) (5,231) (6,851) (10,457)
Non-cash interest expense on liability related to sale of future royalties (6,691) (5,975) (13,659) (12,040)
Interest income and other income (expense), net 5,191 11,989 13,543 24,472
Total non-operating income (expense), net (2,147) 783 (6,967) 1,975
Loss before provision for income taxes (79,856) (110,187) (218,307) (229,682)
Provision for income taxes 144 99 344 236
Net loss $ (80,000) $ (110,286) $ (218,651) $ (229,918)
Basic and diluted net loss per share (in dollars per share) $ (0.45) $ (0.63) $ (1.23) $ (1.32)
Weighted average shares outstanding used in computing basic and diluted net loss per share (in shares) 178,327 174,549 177,755 174,206
Product sales        
Revenue:        
Total revenue $ 5,485 $ 4,346 $ 8,929 $ 8,744
Royalty revenue        
Revenue:        
Total revenue 9,403 7,343 19,122 18,733
Non-cash royalty revenue related to sale of future royalties        
Revenue:        
Total revenue 7,684 9,091 17,579 17,321
License, collaboration and other revenue        
Revenue:        
Total revenue $ 26,275 $ 2,535 $ 53,790 $ 6,739