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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue:        
Total revenue $ 13,749 $ 11,050 $ 24,166 $ 24,246
Expenses:        
Research and development (1) [1] 9,425 14,924 23,997 38,177
Selling, general and administrative (1) [1] 19,278 16,222 38,461 34,064
Restructuring and related expenses (1) [1] 1,169 3,005 2,743 12,329
Total expenses 29,872 34,151 65,201 84,570
Loss from operations (16,123) (23,101) (41,035) (60,324)
Interest expense (568) (2,137) (1,118) (4,274)
Interest income and other income (expense), net 2,504 2,440 5,483 2,065
Loss from continuing operations before income taxes (14,187) (22,798) (36,670) (62,533)
Provision for income tax (expense) benefit (1,458) 5 (1,063) (519)
Net loss from continuing operations (15,645) (22,793) (37,733) (63,052)
Income from discontinued operations before income taxes   14,602   28,915
Provision for income tax expense
Net income from discontinued operations   14,602   28,915
Net loss (15,645) (8,191) (37,733) (34,137)
Net unrealized loss on available-for-sale investments (337) (17) (271) (45)
Total comprehensive loss $ (15,982) $ (8,208) $ (38,004) $ (34,182)
Net income (loss) per share:        
Continuing operations - basic $ (0.28) $ (0.30) $ (0.63) $ (0.83)
Continuing operations - diluted (0.28) (0.30) (0.63) (0.83)
Discontinued operations - basic   0.19   0.38
Discontinued operations - diluted   0.19   0.38
Net loss - basic (0.28) (0.11) (0.63) (0.45)
Net loss - diluted $ (0.28) $ (0.11) $ (0.63) $ (0.45)
Shares used to compute net income (loss) per share - basic 56,682 76,270 59,791 75,761
Shares used to compute net income (loss) per share - diluted 56,682 76,270 59,791 75,761
Total share-based compensation expense $ 6,264 $ 9,709 $ 13,285 $ 24,254
Research and development        
Expenses:        
Restructuring and related expenses (1) 1,200 1,000 2,700 5,700
Net income (loss) per share:        
Total share-based compensation expense 1,855 2,909 4,296 7,439
Selling, general and administrative        
Expenses:        
Restructuring and related expenses (1)   2,000   6,600
Net income (loss) per share:        
Total share-based compensation expense 4,409 5,030 8,632 10,528
Restructuring and related expenses        
Net income (loss) per share:        
Total share-based compensation expense   1,770 357 6,287
Viatris collaboration agreement        
Revenue:        
Total revenue 13,743 10,878 24,154 21,565
Collaboration revenue        
Revenue:        
Total revenue $ 6 $ 172 $ 12 181
Licensing revenue        
Revenue:        
Total revenue       $ 2,500
[1] Amounts include share-based compensation expense as follows: