Consolidated Statements of Operations - USD ($) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
|
| Revenues: | |||
| Product sales | $ 4,157 | $ 76 | |
| Product royalty revenues | 1,406 | 3,407 | $ 1,773 |
| Research and development reimbursements | 909 | 12,712 | 2,783 |
| Contract revenue | 41,759 | 22,749 | 6,800 |
| Total revenues | 48,231 | 38,944 | 11,356 |
| Cost of sales | 8,101 | 4,939 | 2,082 |
| Expenses: | |||
| Research and development | 20,624 | 34,285 | 53,327 |
| Selling, general and administrative | 54,685 | 38,460 | 12,349 |
| Total expenses | 75,309 | 72,745 | 65,676 |
| Loss from operations | (35,179) | (38,740) | (56,402) |
| Interest expense, net | (2,518) | (2,016) | (903) |
| Derivative (loss) gain | (13,167) | 121 | |
| Other income (expense), net | 25 | (295) | (210) |
| Net loss | $ (37,672) | $ (54,218) | $ (57,394) |
| Basic and diluted loss per share | $ (0.72) | $ (1.12) | $ (1.51) |
| Weighted average common stock shares outstanding, basic and diluted | 52,384,876 | 48,355,200 | 37,941,044 |