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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
TOTAL REVENUES $ 3,269,000 $ 0 $ 16,707,000 $ 308,000
EXPENSES        
Cost of goods sold 371,000 0 858,000 0
Research and development 6,623,000 12,452,000 35,695,000 35,856,000
Selling, general and administrative 19,766,000 10,747,000 71,640,000 22,894,000
Goodwill and in-process research & development impairments 0 0 54,345,000 0
Contingent Stock Right Remeasurement 0 0 84,726,000 0
TOTAL EXPENSES 26,760,000 23,199,000 247,264,000 58,750,000
OPERATING LOSS 23,491,000 23,199,000 230,557,000 58,442,000
FINANCE INCOME (4,000) (381,000) (1,218,000) (1,385,000)
FINANCE EXPENSES 1,226,000 343,000 3,306,000 477,000
LOSS BEFORE INCOME TAX 24,713,000 23,161,000 232,645,000 57,534,000
INCOME TAX 1,000 0 (258,000) (176,000)
NET LOSS FOR THE PERIOD $ 24,714,000 $ 23,161,000 $ 232,387,000 $ 57,358,000
LOSS PER SHARE BASIC AND DILUTED (in dollars per share) $ 0.15 $ 0.23 $ 1.99 $ 0.59
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING USED IN COMPUTATION OF BASIC AND DILUTED LOSS PER SHARE (in shares) 167,737 100,805 116,530 97,989
Product sales        
TOTAL REVENUES $ 2,863,000 $ 0 $ 6,096,000 $ 0
License revenues        
TOTAL REVENUES 0 0 10,000,000 0
Royalty revenues        
TOTAL REVENUES $ 406,000 $ 0 $ 611,000 $ 308,000