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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenue:        
Revenue $ 12,427,000 $ 12,838,000 $ 43,915,000 $ 44,633,000
Costs and expenses:        
Cost of goods sold   705,000   83,000
Research and development 52,006,000 52,693,000 152,223,000 149,079,000
Selling, general and administrative 25,622,000 21,890,000 73,035,000 71,601,000
Total costs and expenses 77,628,000 75,288,000 225,258,000 220,763,000
Loss from operations (65,201,000) (62,450,000) (181,343,000) (176,130,000)
Income from investment in TRC, LLC 7,197,000 3,119,000 21,792,000 5,754,000
Interest expense (8,068,000) (2,137,000) (23,827,000) (6,411,000)
Interest and other income, net 2,089,000 1,376,000 7,258,000 4,144,000
Loss before income taxes (63,983,000) (60,092,000) (176,120,000) (172,643,000)
Provision for income tax benefit 5,552,000 659,000 5,271,000 7,305,000
Net loss (58,431,000) (59,433,000) (170,849,000) (165,338,000)
Net unrealized (loss) gain on available-for-sale investments (35,000) 194,000 260,000 402,000
Total comprehensive loss $ (58,466,000) $ (59,239,000) $ (170,589,000) $ (164,936,000)
Net loss per share:        
Basic and diluted net loss per share (in dollars per share) $ (1.05) $ (1.10) $ (3.08) $ (3.07)
Shares used to compute basic and diluted net loss per share (in shares) 55,858 54,248 55,445 53,771
Share-based compensation expense $ 13,019,000 $ 11,746,000 $ 36,538,000 $ 39,599,000
Research and development        
Net loss per share:        
Share-based compensation expense 6,458,000 6,294,000 18,338,000 19,757,000
Selling, general and administrative        
Net loss per share:        
Share-based compensation expense 6,561,000 5,452,000 18,200,000 19,842,000
Product        
Revenue:        
Revenue   3,849,000   12,889,000
Collaborative revenue        
Revenue:        
Revenue 8,836,000 $ 8,989,000 21,666,000 $ 31,744,000
Licensing revenue        
Revenue:        
Revenue     18,500,000  
Mylan collaroration agreement        
Revenue:        
Revenue $ 3,591,000   $ 3,749,000