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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues:        
Royalty income $ 1,367 $ 1,176 $ 2,102 $ 2,333
Collaboration revenue 72 514 1,121 1,367
Research grants 0 77 0 275
Other revenues 38 34 69 52
Total revenues 1,477 1,801 3,292 4,027
Expenses:        
Research and development 7,848 9,585 14,767 18,300
License fees - research and development 180 153 270 223
Royalty expense 147 119 229 235
General and administrative 4,256 3,899 8,161 8,219
Depreciation and amortization 133 318 277 595
Total expenses 12,564 14,074 23,704 27,572
Operating loss (11,087) (12,273) (20,412) (23,545)
Other income:        
Interest income 13 10 25 24
Total other income 13 10 25 24
Net loss before income tax benefit (11,074) (12,263) (20,387) (23,521)
Income tax benefit 1 0 1 0
Net loss $ (11,073) $ (12,263) $ (20,386) $ (23,521)
Net loss per share - basic and diluted $ (0.17) $ (0.24) $ (0.31) $ (0.46)
Weighted-average shares - basic and diluted 63,743 51,481 66,775 50,802