XML 14 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenue:        
Total revenue $ 30,033 $ 29,218 $ 129,453 $ 80,755
Operating costs and expenses:        
Cost of goods sold 5,570 4,927 15,154 15,385
Research and development 100,531 99,048 305,954 324,197
General and administrative 26,982 23,983 77,546 71,570
Impairment of assets and other costs for terminated program 0 0 45,189 0
Total operating costs and expenses 133,083 127,958 443,843 411,152
Loss from operations (103,050) (98,740) (314,390) (330,397)
Non-operating income (expense):        
Interest expense 0 (5,425) (6,851) (15,882)
Non-cash interest expense on liability related to sale of future royalties (8,425) (5,813) (22,084) (17,853)
Interest income and other income (expense), net 2,910 11,492 16,453 35,964
Total non-operating income (expense), net (5,515) 254 (12,482) 2,229
Loss before provision for income taxes (108,565) (98,486) (326,872) (328,168)
Provision for income taxes 21 99 365 335
Net loss $ (108,586) $ (98,585) $ (327,237) $ (328,503)
Basic and diluted net loss per share (in dollars per share) $ (0.61) $ (0.56) $ (1.84) $ (1.88)
Weighted average shares outstanding used in computing basic and diluted net loss per share (in shares) 179,090 175,402 178,203 174,609
Product sales        
Revenue:        
Total revenue $ 5,691 $ 5,558 $ 14,620 $ 14,302
Royalty revenue        
Revenue:        
Total revenue 12,289 10,275 31,411 29,008
Non-cash royalty revenue related to sale of future royalties        
Revenue:        
Total revenue 10,422 10,264 28,001 27,585
License, collaboration and other revenue        
Revenue:        
Total revenue $ 1,631 $ 3,121 $ 55,421 $ 9,860