XML 16 R4.htm IDEA: XBRL DOCUMENT v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenue:    
Total revenue $ 10,417 $ 13,196
Expenses:    
Research and development (1) [1] 14,572 23,253
Selling, general and administrative (1) [1] 19,183 17,842
Restructuring and related expenses (1) [1] 1,574 9,324
Total expenses 35,329 50,419
Loss from operations (24,912) (37,223)
Interest expense (550) (2,137)
Interest income and other income (expense), net 2,979 (375)
Loss from continuing operations before income taxes (22,483) (39,735)
Provision for income tax benefit (expense) 395 (524)
Net loss from continuing operations (22,088) (40,259)
Income from discontinued operations before income taxes   14,313
Provision for income tax expense (400)  
Net income from discontinued operations   14,313
Net loss (22,088) (25,946)
Net unrealized gain (loss) on marketable securities 66 (28)
Total comprehensive loss $ (22,022) $ (25,974)
Net income (loss) per share:    
Continuing operations - basic $ (0.35) $ (0.53)
Continuing operations - diluted (0.35) (0.53)
Discontinued operations - basic   0.19
Discontinued operations - diluted   0.19
Net income (loss) - basis (0.35) (0.34)
Net income (loss) - diluted $ (0.35) $ (0.34)
Shares used to compute basis and diluted net income (loss) per share 62,934 75,247
Shares used to compute basis and diluted net income (loss) per share 62,934 75,247
Total share-based compensation expense $ 7,021 $ 14,545
Research and development    
Expenses:    
Restructuring and related expenses (1)   4,700
Net income (loss) per share:    
Total share-based compensation expense 2,441 4,530
Selling, general and administrative    
Expenses:    
Restructuring and related expenses (1)   4,600
Net income (loss) per share:    
Total share-based compensation expense 4,223 5,498
Restructuring and related expenses    
Net income (loss) per share:    
Total share-based compensation expense 357 4,517
Viatris collaboration agreement    
Revenue:    
Total revenue 10,411 10,687
Collaboration revenue    
Revenue:    
Total revenue $ 6 9
Licensing revenue    
Revenue:    
Total revenue   $ 2,500
[1] Amounts include share-based compensation expense as follows: