XML 16 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Operating expenses:        
Research and development $ 29,052 $ 21,019 $ 104,631 $ 31,759
General and administrative 9,064 4,199 16,921 7,956
Total operating expenses 38,116 25,218 121,552 39,715
Loss from operations (38,116) (25,218) (121,552) (39,715)
Other income (expense):        
Interest expense (13) (362) (21) (667)
Non-cash interest expense on liability related to sale of future royalties (501) 0 (501) 0
Change in fair value of warrant liability 0 (2,629) (1,182) (3,083)
Change in fair value of derivative liability 0 223 0 512
Change in fair value of contingent equity liability 0 (9,707) 0 (13,082)
Loss from equity method investment (641) (348) (1,369) (566)
Other 27 0 6 0
Total other income (expense), net (1,128) (12,823) (3,067) (16,886)
Loss before provision for income taxes (39,244) (38,041) (124,619) (56,601)
Provision for income taxes 25 399 112 592
Net loss and comprehensive loss (39,269) (38,440) (124,731) (57,193)
Accretion of beneficial conversion feature on Series A preferred shares 0 (8,006) 0 (12,006)
Net loss attributable to common shareholders of Biohaven Pharmaceutical Holding Company Ltd. $ (39,269) $ (46,446) $ (124,731) $ (69,199)
Net loss per share attributable to common shareholders of Biohaven Pharmaceutical Holding Company Ltd. — basic and diluted (in dollars per share) $ (1.01) $ (1.78) $ (3.29) $ (3.54)
Weighted average common shares outstanding - basic and diluted (in shares) 38,942,545 26,038,192 37,873,755 19,563,525