XML 35 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Revenue:        
Royalty revenue and milestones $ 1,943 $ (1,047) $ 1,927 $ 1,460
Revenue from services 8,208 3,121 9,681 4,732
Other 235 19 242 47
Total revenue 10,386 2,093 11,850 6,239
Operating expense:        
Cost of revenue 7,088 2,929 8,637 4,260
Research and development 4,046 5,727 8,647 12,056
General and administrative 7,077 1,853 10,268 3,651
Total operating expense 18,211 10,509 27,552 19,967
Loss from operations (7,825) (8,416) (15,702) (13,728)
Non-operating income:        
Gain recorded on merger 7,805   7,805  
Research and development credit 4,428   4,428  
Interest income 415 841 952 1,826
Income (loss) before tax 4,823 (7,575) (2,517) (11,902)
Income tax benefit 6 520 104 650
Net Income (Loss) 4,829 (7,055) (2,413) (11,252)
Basic income (loss) per share (in Dollars per share) $ 0.17 $ (0.31) $ (0.09) $ (0.50)
Diluted income (loss) per share (in Dollars per share) $ 0.17 $ (0.31) $ (0.09) $ (0.50)
Basic weighted-average shares outstanding (in Shares) 28,137,346 22,695,081 28,137,346 22,695,081
Diluted weighted-average shares outstanding (in Shares) 28,352,329 22,695,081 28,137,346 22,695,081
Comprehensive income (loss):        
Exchange differences on translation of foreign operations, net of tax (285) 3,006 1,001 (3,066)
Total comprehensive income (loss) $ 4,544 $ (4,049) $ (1,412) $ (14,318)