XML 47 R33.htm IDEA: XBRL DOCUMENT v3.6.0.2
Quarterly Results (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Results

 

 

 

Three Month Ended

 

 

 

March 31, 2016

 

 

June 30, 2016

 

 

September 30, 2016

 

 

December 31, 2016

 

 

 

(in thousands, expect per share data)

 

 

 

(unaudited)

 

Collaboration and licensing revenue

 

$

1,203

 

 

$

193

 

 

$

992

 

 

$

127

 

Operating expenses

 

 

8,435

 

 

 

7,335

 

 

 

6,585

 

 

 

9,553

 

Loss from operations

 

 

(7,232

)

 

 

(7,142

)

 

 

(5,593

)

 

 

(9,426

)

Change in fair value warranty liability

 

 

 

 

 

(996

)

 

 

1,178

 

 

 

4,569

 

Other expense, net

 

 

(378

)

 

 

(468

)

 

 

(551

)

 

 

(748

)

Net loss

 

$

(7,710

)

 

$

(8,606

)

 

$

(4,966

)

 

$

(5,605

)

Net loss per share

 

$

(0.13

)

 

$

(0.13

)

 

$

(0.07

)

 

$

(0.07

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Month Ended

 

 

 

March 31, 2015

 

 

June 30, 2015

 

 

September 30, 2015

 

 

December 31, 2015

 

 

 

(in thousands, expect per share data)

 

 

 

(unaudited)

 

Collaboration and licensing revenue

 

$

134

 

 

$

134

 

 

$

15,158

 

 

$

3,598

 

Restructuring and lease exit

 

 

4,333

 

 

 

25

 

 

 

 

 

 

 

Operating expenses

 

 

5,950

 

 

 

4,730

 

 

 

6,691

 

 

 

9,721

 

(Loss) income from operations

 

 

(10,149

)

 

 

(4,621

)

 

 

8,467

 

 

 

(6,123

)

Other expense, net

 

 

(725

)

 

 

(835

)

 

 

(553

)

 

 

(462

)

Net (loss) income

 

$

(10,874

)

 

$

(5,456

)

 

$

7,914

 

 

$

(6,585

)

Net (loss) income per share

 

$

(0.21

)

 

$

(0.10

)

 

$

0.14

 

 

$

(0.11

)