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Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenue:        
Product $ 7,942 $ 14,742 $ 31,905 $ 42,252
Contract manufacturing 1,320 0 3,806 0
Collaborative and license 697 3,674 7,174 4,694
Total revenue 9,959 18,416 42,885 46,946
Operating (income) expenses:        
Cost of product and contract manufacturing revenue 6,710 8,698 23,946 26,174
Research and development 4,045 2,673 11,086 7,593
Selling, general and administrative 4,744 4,940 15,100 14,106
(Gain) on sale of oilseed processing business 0 0 (31,278) 0
Restructuring charges 11 20 27 2,940
Total operating expenses 15,510 16,331 18,881 50,813
Income (loss) income from operations (5,551) 2,085 24,004 (3,867)
Other income and expenses:        
Other income (expense), net 3 7 (327) 50
Interest expense (83) (625) (805) (2,421)
Gain on debt extinguishment upon repurchase of convertible notes 0 4,065 0 15,349
Gain (loss) on net change in fair value of derivative assets and liabilities 0 290 (92) (1,005)
Total other income (expenses), net (80) 3,737 (1,224) 11,973
Net income (loss) from continuing operations before income taxes (5,631) 5,822 22,780 8,106
Income tax benefit (provision) 147 0 (595) 0
Net income (loss) from continuing operations (5,484) 5,822 22,185 8,106
Net loss (income) from discontinued operations (23) (24) (49) 37
Net income (loss) attributed to Verenium Corporation (5,507) 5,798 22,136 8,143
Net income (loss) per share, basic:        
Continuing operations $ (0.43) $ 0.46 $ 1.75 $ 0.64
Discontinued operations $ 0.00 $ 0.00 $ 0.00 $ 0.00
Attributed to Verenium Corporation $ (0.43) $ 0.46 $ 1.75 $ 0.65
Net income (loss) per share, diluted:        
Continuing operations $ (0.43) $ 0.46 $ 1.69 $ 0.64
Discontinued operations $ 0.00 $ 0.00 $ 0.00 $ 0.00
Attributed to Verenium Corporation $ (0.43) $ 0.46 $ 1.69 $ 0.65
Shares used in calculating net income (loss) per share, basic 12,765 12,607 12,664 12,607
Shares used in calculating net income (loss) per share, diluted 12,765 12,607 13,124 12,607
Comprehensive income (loss) $ (5,507) $ 5,798 $ 22,136 $ 8,143