|
Condensed Consolidated Statements of Operations (USD $) In Thousands, except Share data, unless otherwise specified
|
12 Months Ended |
|
Dec. 31, 2013
|
Dec. 31, 2012
|
Dec. 31, 2011
|
| Revenue: |
|
|
|
| Collaborative development program and services revenue |
$ 45,744 |
$ 47,468 |
$ 36,733 |
| Product revenue |
6,726 |
3,495 |
2,717 |
| Licensing and royalty revenue |
14,936 |
15,864 |
14,380 |
| Total revenue |
67,406 |
66,827 |
53,830 |
| Cost of revenue: |
|
|
|
| Cost of collaborative development program and services revenue |
29,063 |
26,492 |
23,761 |
| Cost of product revenue |
3,175 |
1,635 |
953 |
| Cost of licensing and royalty revenue |
247 |
276 |
755 |
| Total cost of revenue |
32,485 |
28,403 |
25,469 |
| Gross profit |
34,921 |
38,424 |
28,361 |
| Operating expenses: |
|
|
|
| Research and development |
24,502 |
21,839 |
19,260 |
| Sales and marketing |
6,475 |
5,433 |
4,285 |
| General and administrative |
11,973 |
10,868 |
8,534 |
| Total operating expenses |
42,950 |
38,140 |
32,079 |
| (Loss) income from operations |
(8,029) |
284 |
(3,718) |
| Other income (expense): |
|
|
|
| Interest expense, net |
(830) |
(1,004) |
(87) |
| Other income (expense), net |
57 |
15 |
(26,167) |
| Total other income (expense), net |
(773) |
(989) |
(26,254) |
| Loss before provision for income taxes |
(8,802) |
(705) |
(29,972) |
| Provision for income taxes |
17 |
51 |
43 |
| Net loss |
(8,819) |
(756) |
(30,015) |
| Temporary Equity, Accretion to Redemption Value |
0 |
0 |
(8,660) |
| Net loss attributable to common stockholders |
(8,819) |
(756) |
(38,675) |
| Net loss per share of common stock, basic and diluted, usd per share |
$ (0.20) |
$ (0.02) |
$ (3.99) |
| Weighted-average number of shares used in computing net loss per share of common stock, basic and diluted |
44,958,120 |
42,966,448 |
9,698,880 |
|
Related Party Transactions
|
|
|
|
| Revenue: |
|
|
|
| Collaborative development program and services revenue |
7,374 |
11,838 |
11,294 |
| Product revenue |
0 |
2,139 |
11 |
| Licensing and royalty revenue |
5,440 |
7,091 |
9,688 |
| Total revenue |
12,814 |
21,068 |
20,993 |
| Cost of revenue: |
|
|
|
| Cost of collaborative development program and services revenue |
4 |
55 |
1,075 |
| Cost of product revenue |
0 |
0 |
119 |
| Cost of licensing and royalty revenue |
0 |
0 |
635 |
| Total cost of revenue |
$ 4 |
$ 55 |
$ 1,829 |