XML 27 R5.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues, net:      
Total revenues, net $ 10,649 $ 10,835 $ 10,004
Costs and expenses:      
Cost of royalties 533 534 503
Research and development 34,884 23,068 22,302
General and administrative 17,297 12,131 11,555
Total costs and expenses 52,714 35,733 34,360
Loss from operations (42,065) (24,898) (24,356)
Other expense:      
Loss on debt extinguishment 0 0 (3,495)
Interest income 211 63 614
Imputed interest expense related to the sale of future royalties (4,472) (5,095) (4,055)
Interest expense, debt 0 0 (791)
Other income (expense), net 890 22 (58)
Total other expense (3,371) (5,010) (7,785)
Net loss $ (45,436) $ (29,908) $ (32,141)
Net loss per common share, basic (in dollars per share) $ (0.50) $ (0.61) $ (0.97)
Net loss per common share, diluted (in dollars per share) $ (0.50) $ (0.61) $ (0.97)
Weighted average common shares, basic (in shares) 91,569,154 48,670,381 33,180,516
Weighted average common shares, diluted (in shares) 91,569,154 48,670,381 33,180,516
Unrealized net loss on marketable securities $ (106) $ (3) $ 0
Total comprehensive loss (45,542) (29,911) (32,141)
Royalties      
Revenues, net:      
Total revenues, net 10,749 10,724 10,418
Other revenue      
Revenues, net:      
Total revenues, net 1 214 0
Contra revenue, net      
Revenues, net:      
Total revenues, net $ (101) $ (103) $ (414)