XML 19 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues:      
Product revenues, net $ 4,328 $ 0 $ 0
License and collaboration revenues 84,930 102,756 47,786
Total revenues 89,258 102,756 47,786
Costs and expenses:      
Cost of product revenues 46 0 0
Research and development expenses 160,988 138,495 147,139
Selling, general and administrative expenses 57,795 30,517 21,187
Total costs and expenses 218,829 169,012 168,326
Loss from operations (129,571) (66,256) (120,540)
Other income and expenses      
Interest income 99 114 166
Interest expense (19,232) (18,230) (10,938)
Other income, net 917 813 627
Net loss (147,787) (83,559) (130,685)
Less net income (loss) attributable to non-controlling interest 170 (268) 240
Net loss attributable to Merrimack Pharmaceuticals, Inc. (147,957) (83,291) (130,925)
Other comprehensive income (loss):      
Unrealized gain (loss) on available-for-sale securities 74 (50) 14
Other comprehensive income (loss) 74 (50) 14
Comprehensive loss $ (147,883) $ (83,341) $ (130,911)
Net loss per share available to common stockholders-basic and diluted $ (1.33) $ (0.80) $ (1.32)
Weighted-average common shares used in computing net loss per share available to common stockholders-basic and diluted 111,356 104,410 98,919