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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenue:        
Revenue $ 145,395 $ 118,314 $ 407,559 $ 346,387
Expenses:        
Research, development and patent 95,255 80,214 301,153 246,358
Selling, general and administrative 68,712 26,788 178,563 62,782
Total operating expenses 163,967 107,002 479,716 309,140
Income (loss) from operations (18,572) 11,312 (72,157) 37,247
Other income (expense):        
Investment income 9,963 2,811 18,711 7,504
Interest expense (11,282) (10,825) (33,332) (33,966)
Loss on extinguishment of financing liability for leased facility 0 (7,689) 0 (7,689)
Other income (expenses) (22) (2,141) (145) (3,528)
Loss before income tax expense (19,913) (6,532) (86,923) (432)
Income tax expense (452) (961) (824) (1,184)
Net loss (20,365) (7,493) (87,747) (1,616)
Net loss attributable to noncontrolling interest in Akcea Therapeutics, Inc. 15,806 4,882 41,412 4,882
Net income (loss) attributable to Ionis Pharmaceuticals, Inc. common stockholders $ (4,559) $ (2,611) $ (46,335) $ 3,266
Basic net income (loss) per share (in dollars per share) $ (0.03) $ (0.02) $ (0.33) $ 0.13
Shares used in computing basic net income (loss) per share (in shares) 143,314 124,370 132,518 123,746
Diluted net income (loss) per share (in dollars per share) $ (0.03) $ (0.02) $ (0.33) $ 0.13
Shares used in computing diluted net income (loss) per share (in shares) 143,314 124,370 132,518 125,858
Commercial Revenue [Member]        
Revenue:        
Revenue $ 82,756 $ 34,617 $ 181,975 $ 66,106
SPINRAZA Royalties [Member]        
Revenue:        
Revenue 70,010 32,890 167,743 60,467
Licensing and Other Royalty Revenue [Member]        
Revenue:        
Revenue 12,746 1,727 14,232 5,639
Research and Development Revenue Under Collaborative Agreements [Member]        
Revenue:        
Revenue $ 62,639 $ 83,697 $ 225,584 $ 280,281