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Selected Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2012
Quarterly Financial Data

The following table sets forth certain unaudited quarterly financial data. In our opinion, the unaudited information set forth below has been prepared on the same basis as the audited information and includes all adjustments necessary to present fairly the information set forth herein. All data is in thousands except per share information.

 

    Fiscal Year 2012     Fiscal Year 2011  
    Q1     Q2     Q3     Q4     Q1     Q2     Q3     Q4  

Product sales

  $ 6,945      $ 9,694      $ 8,355      $ 10,405      $ 2,474      $ 8,641      $ 7,677      $ 6,073   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total revenue

  $ 17,949      $ 23,684      $ 18,412      $ 21,146      $ 11,299      $ 17,331      $ 27,068      $ 15,782   

Cost of goods sold

  $ 8,707      $ 7,203      $ 7,228      $ 7,290      $ 3,263      $ 8,140      $ 5,038      $ 5,450   

Research and development expenses

  $ 35,085      $ 33,201      $ 34,016      $ 46,373      $ 30,176      $ 32,270      $ 31,018      $ 33,302   

Operating loss

  $ (37,932   $ (26,988   $ (32,900   $ (43,381   $ (33,867   $ (34,264   $ (21,338   $ (34,468

Net loss

  $ (41,097   $ (34,285   $ (43,547   $ (52,926   $ (36,034   $ (36,381   $ (24,068   $ (37,495

Basic and diluted net loss per share(1)

  $ (0.36   $ (0.30   $ (0.38   $ (0.46   $ (0.33   $ (0.32   $ (0.21   $ (0.33

 

(1) Quarterly loss per share amounts may not total to the year-to-date loss per share due to rounding.