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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, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
License and milestone fees $ 672 $ 79 $ 13,533 $ 49,889
Non-cash royalty revenue related to the sale of future royalties 8,441 6,503 22,873 20,555
Research and development support 388 650 1,159 3,030
Clinical materials revenue 1,427 1,248 2,465 2,525
Total revenues 10,928 8,480 40,030 75,999
Operating Expenses:        
Research and development 47,243 31,689 130,775 99,896
General and administrative 8,347 7,908 26,994 24,863
Restructuring charge 870   3,287 386
Total operating expenses 56,460 39,597 161,056 125,145
Loss from operations (45,532) (31,117) (121,026) (49,146)
Investment income, net 1,369 293 2,845 551
Non-cash interest expense on liability related to the sale of future royalties and convertible senior notes (2,546) (3,385) (8,203) (10,461)
Interest expense on convertible senior notes (23) (762) (70) (3,012)
Non-cash debt conversion expense   (22,191)   (22,191)
Other (expense) income, net (75) 480 (590) 1,365
Net loss $ (46,807) $ (56,682) $ (127,044) $ (82,894)
Basic and diluted net loss per common share (in dollar per share) $ (0.32) $ (0.61) $ (0.92) $ (0.93)
Basic and diluted weighted average common shares outstanding (in shares) 147,220 93,001 137,472 89,133
Total comprehensive loss $ (46,807) $ (56,682) $ (127,044) $ (82,894)