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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue        
Collaborations and contracts $ 32 $ 2,310 $ 139 $ 5,830
Licensing fees, milestone and royalty payments 277 1,130 773 2,292
Total revenue 309 3,440 912 8,122
Expenses        
Research, development, collaborations and contracts 15,215 9,690 28,359 20,247
General and administrative 23,766 7,662 30,985 10,378
Depreciation of property and equipment 252 147 469 267
Acquisition costs 0 361 0 9,656
Impairment of intangible assets 156,324 0 156,324 0
Total expenses 195,557 17,860 216,137 40,548
Loss from operations (195,248) (14,420) (215,225) (32,426)
Other income (losses)        
Interest income 435 81 679 283
Foreign exchange gains (losses) 33 (2,571) 2,975 4,467
Gain on disposition of financial instrument 0 0 1,000 0
Decrease in fair value of warrant liability 168 2,024 329 801
Increase in fair value of contingent consideration (252) 0 (496) 0
Total other income (losses) 384 (466) 4,487 5,551
Loss before income taxes (194,864) (14,886) (210,738) (26,875)
Income tax benefit 64,864 0 64,864 0
Net loss $ (130,000) $ (14,886) $ (145,874) $ (26,875)
Loss per common share        
Loss per common share basic and diluted (in USD per share) $ (2.47) $ (0.27) $ (2.80) $ (0.64)
Weighted average number of common shares        
Weighted average number of common shares basic and diluted (in shares) 52,716,059 54,255,804 52,052,165 42,297,517
Comprehensive loss        
Cumulative translation adjustment $ 0 $ 3,223 $ 0 $ (5,951)
Comprehensive loss $ (130,000) $ (11,663) $ (145,874) $ (32,826)