XML 65 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenue      
Net product sales $ 11,552    
Licensing revenue 467 1,480 803
Total revenue 12,019 1,480 803
Costs and expenses      
Cost of product sales 1,104    
Research and development 17,245 23,517 30,627
Selling, general and administrative 55,590 20,132 7,928
Total costs and expenses 73,939 43,649 38,555
Operating loss (61,920) (42,169) (37,752)
Other income (expense)      
Interest income 299 120 31
Interest expense (7,849) (3,575) (1,866)
Changes in fair value of derivative liabilities (13,354) (710) (85)
Loss on extinguishment of debt (9,550)    
Other income 101 50 202
Total other expense (30,353) (4,115) (1,718)
Loss from continuing operations before income tax benefit (92,273) (46,284) (39,470)
Income tax benefit 0 0 16,245
Loss from continuing operations (92,273) (46,284) (23,225)
Discontinued operations:      
Income from discontinued operations, net of tax     2,188
Gain on disposal of discontinued operations, net of tax     74,852
Income from discontinued operations     77,040
Net (loss) income (92,273) (46,284) 53,815
Cumulative dividends on Series A convertible preferred stock   (1,143) (3,430)
Net (loss) income attributable to common stockholders $ (92,273) $ (47,427) $ 50,385
Basic and diluted      
Continuing operations (in dollars per share) $ (2.90) $ (2.72) $ (16.60)
Discontinued operations (in dollars per share)     $ 47.99
Net (loss) income per share, basic and diluted (in dollars per share) $ (2.90) $ (2.72) $ 31.39
Weighted-average number of common shares:      
Basic and diluted (in shares) 31,848,299 17,440,910 1,605,324