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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue:        
Collaboration revenue $ 1,552 $ 4,940 $ 3,051 $ 11,284
Total revenue 1,552 4,940 3,051 11,284
Operating expenses:        
Research and development 41,760 44,266 83,671 67,985
General and administrative 18,363 10,724 34,318 18,060
Change in fair value of contingent consideration 1,404 1,973 2,417 2,188
Total operating expenses 61,527 56,963 120,406 88,233
Loss from operations (59,975) (52,023) (117,355) (76,949)
Other income, net 905 228 1,866 367
Loss before income taxes (59,070) (51,795) (115,489) (76,582)
Income tax benefit 226   371  
Net loss $ (58,844) $ (51,795) $ (115,118) $ (76,582)
Net loss per share - basic and diluted: $ (1.59) $ (1.57) $ (3.12) $ (2.34)
Weighted-average number of common shares used in computing net loss per share - basic and diluted: 36,954 32,955 36,937 32,757
Other comprehensive income (loss):        
Unrealized gain on available-for-sale securities, net of tax of $0.2 and $0.9 million for the three and six months ended June 30, 2016, respectively $ 330 $ 70 $ 1,649 $ 18
Comprehensive loss $ (58,514) $ (51,725) $ (113,469) $ (76,564)