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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues:    
License and milestone fees $ 11,540 $ 18,730
Non-cash royalty revenue related to the sale of future royalties 7,190 7,613
Research and development support 383 1,478
Clinical materials revenue 702 678
Total revenues 19,815 28,499
Operating Expenses:    
Research and development 44,831 32,888
General and administrative 9,995 8,119
Restructuring charge 1,731 386
Total operating expenses 56,557 41,393
Loss from operations (36,742) (12,894)
Investment income, net 662 115
Non-cash interest expense on liability related to the sale of future royalties and convertible senior notes (3,046) (3,575)
Interest expense on convertible senior notes (24) (1,125)
Other income, net 537 134
Net loss $ (38,613) $ (17,345)
Basic and diluted net loss per common share (in dollar per share) $ (0.30) $ (0.20)
Basic and diluted weighted average common shares outstanding (in shares) 130,619 87,160
Total comprehensive loss $ (38,613) $ (17,345)