XML 32 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Collaboration revenues:      
Collaboration revenue $ 75,589 $ 138,882 $ 109,619
Operating expenses:      
Research and development 124,004 149,226 119,880
General and administrative 85,105 82,207 64,466
Other operating expense   0 0
Restructuring   0 0
Total operating expenses 256,916 231,433 184,346
Operating loss (181,327) (92,551) (74,727)
Other income (expense):      
Interest income 6,194 4,427 2,226
Other income (expense), net (928) 28 51,498
Total other income 5,266 4,455 53,724
Net loss $ (176,061) $ (88,096) $ (21,003)
Net loss per share:      
Basic and diluted (in dollars per share) $ (2.26) $ (1.20) $ (0.31)
Weighted average shares outstanding:      
Basic and diluted (in shares) 77,845 73,136 68,656
Comprehensive loss:      
Net loss $ (176,061) $ (88,096) $ (21,003)
Net unrealized holding gains (losses) on available-for-sale marketable securities 53 (226) 82
Comprehensive loss (176,008) (88,322) (20,921)
Product revenue      
Collaboration revenues:      
Collaboration revenue 39,684 66,803 74,648
Research and development revenue      
Collaboration revenues:      
Collaboration revenue $ 35,905 $ 72,079 $ 34,971