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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenue:      
Total revenue $ 55,311 $ 71,857 $ 73,414
Expenses:      
Research and development (1) 193,657 260,953 219,248
Selling, general and administrative (1) 99,296 108,661 106,081
Restructuring and related expenses 20,142    
Total expenses 313,095 369,614 325,329
Total share-based compensation expense 62,061 62,976 60,450
Loss from operations (257,784) (297,757) (251,915)
Income from investment in TRC, LLC 103,987 68,438 33,705
Interest expense (46,889) (44,585) (31,862)
Loss on extinguishment of debt   (15,464)  
Interest and other income, net 1,109 2,831 8,395
Loss before income taxes (199,577) (286,537) (241,677)
Provision for income tax benefit 151 8,520 5,222
Net loss $ (199,426) $ (278,017) $ (236,455)
Net loss per share:      
Basic net loss per share $ (2.87) $ (4.46) $ (4.25)
Diluted net loss per share $ (2.87) $ (4.46) $ (4.25)
Shares used to compute basic net loss per share 69,461 62,345 55,610
Shares used to compute diluted net loss per share 69,461 62,345 55,610
Research and development      
Expenses:      
Restructuring and related expenses $ 10,600    
Total share-based compensation expense 25,634 $ 31,294 $ 28,953
Selling, general and administrative      
Expenses:      
Restructuring and related expenses 9,500    
Total share-based compensation expense 28,065 31,682 31,497
Restructuring and related expenses      
Expenses:      
Total share-based compensation expense 8,362    
Collaborative revenue      
Revenue:      
Total revenue 11,463 26,464 31,250
Licensing revenue      
Revenue:      
Total revenue   1,500 28,500
Viatris collaboration agreement      
Revenue:      
Total revenue $ 43,848 $ 43,893 $ 13,664