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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Product revenue, net $ 16,806   $ 38,471 $ 0
Operating expenses:        
Cost of sales - product 3,026   6,920 0
Cost of sales - intangible asset amortization 372   1,115 0
Research and development 38,924 $ 54,338 104,479 196,675
Selling, general and administrative 35,011 9,162 100,384 28,541
Acquired in-process research and development   500   800
Impairment of intangible asset       104,517
Change in fair value of contingent purchase consideration     0 (24,936)
Total expenses 77,333 64,000 212,898 305,597
Operating loss (60,527) (64,000) (174,427) (305,597)
Other income (expense):        
Interest expense (2,618) (2,108) (7,796) (6,318)
Foreign currency loss (44) (66) (127) (434)
Legal settlement loss, net of insurance receivable     (117,000)  
Other income 1,291 252 2,237 473
Other expense, net (1,371) (1,922) (122,686) (6,279)
Loss before income taxes (61,898) (65,922) (297,113) (311,876)
Income tax benefit 1,234 227 2,599 33,467
Net loss (60,664) (65,695) (294,514) (278,409)
Other comprehensive income:        
Foreign currency translation adjustments, net of tax 1,595 58 4,874 2,190
Net unrealized gain (loss) on available-for-sale securities, net of tax 10 (18) 5 260
Other comprehensive income 1,605 40 4,879 2,450
Comprehensive loss $ (59,059) $ (65,655) $ (289,635) $ (275,959)
Net Loss Per Common Share        
Basic and diluted net loss per common share $ (1.24) $ (1.70) $ (6.39) $ (7.24)
Basic and diluted weighted average common shares outstanding 48,917 38,538 46,062 38,429