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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2013
Mar. 31, 2012
Revenue:        
Royalty revenue and milestones $ 7,709 $ 5,189 $ 9,636 $ 6,649
Revenue from services 4,787 1,879 14,468 6,611
Other   22 242 69
Total revenue 12,496 7,090 24,346 13,329
Operating expense:        
Cost of revenue 4,094 1,787 12,731 6,047
Research and development 4,936 5,713 13,583 17,769
General and administrative 3,436 2,220 13,704 5,871
Total operating expense 12,466 9,720 40,018 29,687
Income/(loss) from operations 30 (2,630) (15,672) (16,358)
Non-operating income:        
Gain recorded on merger 0 0 7,805 0
Research and development credit 0 0 4,428 0
Interest income 173 739 1,125 2,565
Total non-operating income 173 739 12,358 2,565
Income (loss) before tax 203 (1,891) (2,314) (13,793)
Income tax benefit/(expense) 12 (146) 116 504
Net Income (Loss) 215 (2,037) (2,198) (13,289)
Basic income (loss) per share (in Dollars per share) $ 0.01 $ (0.09) $ (0.08) $ (0.59)
Diluted income (loss) per share (in Dollars per share) $ 0.01 $ (0.09) $ (0.08) $ (0.59)
Basic weighted-average shares outstanding (in Shares) 28,162,295 22,709,008 28,145,541 22,709,008
Diluted weighted-average shares outstanding (in Shares) 28,182,697 22,709,008 28,145,541 22,709,008
Comprehensive income (loss):        
Exchange differences on translation of foreign operations, net of tax 536 1,610 1,537 (1,456)
Total comprehensive income (loss) $ 751 $ (427) $ (661) $ (14,745)