Income Statement

v3.5.0.2
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Collaboration agreements $ 2,728 $ 8,406 $ 10,031 $ 28,878
Research grants 95 163 436 1,540
Total revenues 2,823 8,569 10,467 30,418
Operating expenses:        
Research and development 17,008 16,694 51,728 47,292
General and administrative 5,021 4,560 21,468 14,309
Total operating expenses 22,029 21,254 73,196 61,601
Loss from operations (19,206) (12,685) (62,729) (31,183)
Interest and other income, net 238 101 668 406
Loss before income taxes (18,968) (12,584) (62,061) (30,777)
Benefit from income taxes 3 3,339 27 4,087
Net loss $ (18,965) $ (9,245) $ (62,034) $ (26,690)
Basic and diluted net loss per share $ (0.27) $ (0.13) $ (0.88) $ (0.38)
Shares used in computing basic and diluted net loss per share 70,618 69,892 70,493 69,622

Source

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