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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenue        
Net product sales $ 38,551 $ 22,452 $ 100,914 $ 59,056
Royalty revenue 776 199 2,007 199
Licensing revenue 35 36 857 2,188
Total revenue 39,362 22,687 103,778 61,443
Costs and expenses        
Cost of product sales 2,248 1,321 5,628 3,476
Research and development 9,129 4,657 19,690 13,816
Selling, general and administrative 22,900 17,445 65,496 54,554
Total costs and expenses 34,277 23,423 90,814 71,846
Operating income (loss) 5,085 (736) 12,964 (10,403)
Other income (expense)        
Interest income 169 78 419 265
Interest expense (292) (1,289) (1,004) (3,774)
Interest expense - non-recourse liability related to sale of future royalties (998) (326) (2,530) (326)
Changes in fair value of derivative liabilities 114 760 66 2,115
Loss on extinguishment of debt (25) (860) (2,400) (2,592)
Other income 5 2 30 2
Total other expense (1,027) (1,635) (5,419) (4,310)
Earnings (loss) before income taxes 4,058 (2,371) 7,545 (14,713)
Income tax expense 142   453  
Net income (loss) $ 3,916 $ (2,371) $ 7,092 $ (14,713)
Income (loss) per common share:        
Basic $ 0.08 $ (0.06) $ 0.15 $ (0.35)
Diluted $ 0.08 $ (0.06) $ 0.15 $ (0.35)
Weighted-average number of common shares outstanding:        
Basic (in shares) 48,515,071 42,900,269 47,011,243 42,035,025
Diluted (in shares) 51,590,797 42,900,269 51,059,466 42,035,025