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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Revenues:    
License and milestone fees $ 76 $ 6,070
Non-cash royalty revenue related to the sale of future royalties 6,184 5,684
Research and development support 1,354 772
Clinical materials revenue 46 2,325
Total revenues 7,660 14,851
Operating Expenses:    
Research and development 32,909 35,132
General and administrative 9,459 8,329
Restructuring charges 4,130  
Total operating expenses 46,498 43,461
(Loss) income from operations (38,838) (28,610)
Investment income, net 146 51
Non-cash interest expense on liability related to the sale of future royalties and convertible senior notes (5,018) (5,143)
Interest expense on convertible senior notes (1,150)  
Other income (expense), net 129 (38)
Net (loss) income $ (44,731) $ (33,740)
Basic and diluted net (loss) income per common share (in dollars per share) $ (0.51) $ (0.39)
Basic and diluted weighted average common shares outstanding (in shares) 87,102 86,838
Total comprehensive (loss) income $ (44,731) $ (33,740)