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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
License and milestone fees $ 79 $ 76 $ 49,889 $ 10,229
Non-cash royalty revenue related to the sale of future royalties 6,503 6,184 20,555 19,508
Research and development support 650 1,354 3,030 3,748
Clinical materials revenue 1,248 46 2,525 1,297
Total revenues 8,480 7,660 75,999 34,782
Operating Expenses:        
Research and development 31,689 32,909 99,896 107,655
General and administrative 7,908 9,459 24,863 29,992
Restructuring charges   4,130 386 4,130
Total operating expenses 39,597 46,498 125,145 141,777
Loss from operations (31,117) (38,838) (49,146) (106,995)
Investment income, net 293 146 551 360
Non-cash interest expense on liability related to the sale of future royalties and convertible senior notes (3,385) (5,018) (10,461) (14,946)
Interest expense on convertible senior notes (762) (1,150) (3,012) (1,288)
Non-cash debt conversion expense (22,191)   (22,191)  
Other income, net 480 129 1,365 288
Net loss $ (56,682) $ (44,731) $ (82,894) $ (122,581)
Basic and diluted net loss per common share (in dollar per share) $ (0.61) $ (0.51) $ (0.93) $ (1.41)
Basic and diluted weighted average common shares outstanding (in shares) 93,001 87,102 89,133 87,029
Total comprehensive loss $ (56,682) $ (44,731) $ (82,894) $ (122,581)