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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenue:        
Revenue $ 117,747 $ 112,273 $ 262,165 $ 228,073
Expenses:        
Research, development and patent 101,830 83,506 205,897 166,144
Selling, general and administrative 66,198 22,317 109,851 35,994
Total operating expenses 168,028 105,823 315,748 202,138
Income (loss) from operations (50,281) 6,450 (53,583) 25,935
Other income (expense):        
Investment income 5,134 2,465 8,748 4,744
Interest expense (11,113) (11,778) (22,051) (23,141)
Other income (expenses) 45 0 (123) (1,438)
Income (loss) before income tax expense (56,215) (2,863) (67,009) 6,100
Income tax expense (358) (222) (372) (222)
Net income (loss) (56,573) (3,085) (67,381) 5,878
Net loss attributable to noncontrolling interest in Akcea Therapeutics, Inc. 16,215 0 25,606 0
Net income (loss) attributable to Ionis Pharmaceuticals, Inc. common stockholders $ (40,358) $ (3,085) $ (41,775) $ 5,878
Basic net income (loss) per share (in dollars per share) $ (0.29) $ (0.02) $ (0.30) $ 0.05
Shares used in computing basic net income (loss) per share (in shares) 128,712 123,989 127,030 123,428
Diluted net income (loss) per share (in dollars per share) $ (0.29) $ (0.02) $ (0.30) $ 0.05
Shares used in computing diluted net income (loss) per share (in shares) 128,712 123,989 127,030 125,511
Commercial Revenue [Member]        
Revenue:        
Revenue $ 57,198 $ 23,688 $ 99,221 $ 31,489
SPINRAZA Royalties [Member]        
Revenue:        
Revenue 56,653 22,366 97,734 27,577
Licensing and Other Royalty Revenue [Member]        
Revenue:        
Revenue 545 1,322 1,487 3,912
Research and Development Revenue Under Collaborative Agreements [Member]        
Revenue:        
Revenue $ 60,549 $ 88,585 $ 162,944 $ 196,584