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Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues        
Revenues $ 14,700 $ 5,306 $ 23,465 $ 177,728
Types of Revenue[Extensible List] us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember us-gaap:LicenseAndServiceMember
Operating Expenses        
Cost of revenues $ 2,494 $ 517 $ 4,450 $ 6,797
Research and development 35,692 18,508 90,378 59,544
General and administrative 12,402 9,008 37,365 25,706
Other operating expenses (income) 8 (2) (54) 31
Total operating expenses 50,596 28,031 132,139 92,078
Income (loss) from operations (35,896) (22,725) (108,674) 85,650
Other Income        
Interest income from licensing 716 109 2,091 8,362
Investment income 431 2,122 37,950 4,177
Total other income 1,147 2,231 40,041 12,539
Income (loss) before income taxes (34,749) (20,494) (68,633) 98,189
Income Tax Benefit (Expense) 165 1,292 364 (2,558)
Net income (loss) (34,584) (19,202) (68,269) 95,631
Other Comprehensive Income (Loss)        
Unrealized gain (loss) on available-for-sale securities, net of reclassifications and income tax expense (108) (103) 1,043 (159)
Total other comprehensive income (loss) (108) (103) 1,043 (159)
Comprehensive income (loss) (34,692) (19,305) (67,226) 95,472
Net income (loss) applicable to common stockholders $ (34,584) $ (19,202) $ (68,269) $ 95,631
Net income (loss) per share:        
Basic $ (0.94) $ (0.56) $ (1.86) $ 2.94
Diluted $ (0.94) $ (0.56) $ (1.86) $ 2.67
Weighted-average common shares outstanding:        
Basic 36,813 33,988 36,618 32,576
Diluted 36,813 33,988 36,618 35,875