XML 33 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Revenues:        
License and milestone fees $ 25,678 $ 429 $ 38,845 $ 1,362
Royalty revenue 2,335   4,388  
Research and development support 1,922 2,036 3,912 3,413
Clinical materials revenue 125 147 133 1,928
Total revenues 30,060 2,612 47,278 6,703
Operating Expenses:        
Research and development 20,862 21,656 42,891 45,356
General and administrative 5,447 5,464 11,973 11,103
Total operating expenses 26,309 27,120 54,864 56,459
Income (loss) from operations 3,751 (24,508) (7,586) (49,756)
Other income, net 62 115 172 171
Net income (loss) 3,813 (24,393) (7,414) (49,585)
Basic and diluted net income (loss) per common share (in dollars per share) $ 0.04 $ (0.29) $ (0.09) $ (0.59)
Basic weighted average common shares outstanding (in shares) 85,431 84,147 85,221 83,748
Dilutive impact of potential common shares (in shares) 1,845      
Diluted weighted average common shares outstanding (in shares) 87,276 84,147 85,221 83,748
Total comprehensive income (loss) $ 3,813 $ (24,393) $ (7,414) $ (49,585)