XML 14 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Collaboration revenue:        
Revenues $ 39,752 $ 27,666 $ 44,096 $ 30,447
Costs and expenses:        
Research and development 38,251 34,765 75,917 67,536
Selling, general and administrative 20,414 14,037 38,663 24,851
Total costs and expenses 58,665 48,802 114,580 92,387
Loss from operations (18,913) (21,136) (70,484) (61,940)
Other income, net 466 3,230 1,113 6,003
Loss before income taxes (18,447) (17,906) (69,371) (55,937)
Income tax (provision) benefit (4) 44 (20) 24
Net loss (18,451) (17,862) (69,391) (55,913)
Other comprehensive (loss) income:        
Net unrealized holding gains (losses) on short-term and long-term investments during the period, net of tax 161 452 (106) 721
Comprehensive loss $ (18,290) $ (17,410) $ (69,497) $ (55,192)
Net loss per share- basic and diluted (in dollars per share) $ (0.34) $ (0.34) $ (1.29) $ (1.08)
Weighted-average number of common shares used in computing net loss per share- basic and diluted (in shares) 53,860 52,689 53,610 51,912
Milestone        
Collaboration revenue:        
Revenues $ 25,000 $ 25,000 $ 25,000 $ 25,000
Cost-sharing, net        
Collaboration revenue:        
Revenues 3,678 2,666 6,502 5,447
Royalty        
Collaboration revenue:        
Revenues $ 11,074 $ 0 $ 12,594 $ 0