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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues:        
Total revenues $ 18,189 $ 13,281 $ 46,501 $ 37,407
Operating expenses:        
Research and development 24,685 21,015 75,014 88,467
General and administrative 10,231 9,208 28,862 28,686
Restructuring charge   1,020 1,524 20,921
Total operating expenses 34,916 31,243 105,400 138,074
Loss from operations (16,727) (17,962) (58,899) (100,667)
Investment income, net 11 1,032 719 3,741
Non-cash interest expense on liability related to the sale of future royalties and convertible senior notes (5,645) (4,275) (17,428) (11,525)
Interest expense on convertible senior notes (24) (24) (71) (71)
Other income (expense), net 11 (521) (81) (425)
Net loss $ (22,374) $ (21,750) $ (75,760) $ (108,947)
Basic and diluted net loss per common share (in dollar per share) $ (0.13) $ (0.15) $ (0.44) $ (0.74)
Basic and diluted weighted average common shares outstanding (in shares) 174,508 148,479 172,215 148,143
Total comprehensive loss $ (22,374) $ (21,750) $ (75,760) $ (108,947)
License and milestone fees        
Revenues:        
Total revenues 97 79 1,325 5,237
Non-cash royalty revenue related to the sale of future royalties        
Revenues:        
Total revenues 18,087 $ 13,202 45,159 32,102
Research and development support        
Revenues:        
Total revenues $ 5   $ 17 $ 68