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Condensed Consolidated Statements of Operations and Comprehensive Loss - 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:        
Product sales $ 4,205 $ 2,749 $ 10,215 $ 2,749
Lease income 37 38 104 38
Total revenues 4,242 2,787 10,319 2,787
Costs and expenses:        
Costs of revenues 1,828 2,648 7,556 2,648
Research and development 2,803 1,829 7,682 7,375
General and administrative 5,347 7,977 13,490 20,669
Selling and marketing 2,062 975 4,879 975
(Gain) loss on disposal of intangible assets 0 0 (450) 48
Impairment of intangible assets 0 0 1,537 0
Acquired in-process research and development 10,862 0 11,943 5,849
Total cost and expenses 22,902 13,429 46,637 37,564
Loss from operations (18,660) (10,642) (36,318) (34,777)
Non-operating income/(expense):        
Interest income, net 432 414 775 783
Other income 20 0 47 0
Foreign exchange (losses) gains (526) 719 (278) 1,269
Change in fair value of investment in equity securities 1,978 (160) 2,287 (355)
Net loss (16,756) (9,669) (33,487) (33,080)
Less: (loss)/income attributable to redeemable noncontrolling interest (309) (23) (584) 53
Accretion to redeemable noncontrolling interest redemption value 506 245 1,185 406
Net loss attributable to CASI Pharmaceuticals, Inc. $ (16,953) $ (9,891) $ (34,088) $ (33,539)
Net loss per share (basic and diluted) (in dollars per share) $ (0.14) $ (0.10) $ (0.32) $ (0.35)
Weighted average number of common shares outstanding (basic and diluted) 117,940 95,891 105,922 95,753
Comprehensive loss:        
Net loss $ (16,756) $ (9,669) $ (33,487) $ (33,080)
Foreign currency translation adjustment 2,383 (1,836) 1,221 (2,636)
Total comprehensive loss (14,373) (11,505) (32,266) (35,716)
Less: Comprehensive (loss)/income attributable to redeemable noncontrolling interest (309) (23) (584) 53
Comprehensive loss attributable to common stockholders $ (14,064) $ (11,482) $ (31,682) $ (35,769)