Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.5.0.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Product revenue, net $ 981 $ 0 $ 1,364 $ 0
Revenue - from a related party 1,249 0 1,526 500
Total revenue 2,230 0 2,890 500
Cost of goods sold - product revenue 324 0 324 0
Gross margin 1,906 0 2,566 500
Operating expenses        
Research and development 6,347 2,411 14,100 4,066
Research and development - licenses acquired 2,060 1,548 2,143 8,987
General and administrative 8,635 3,803 16,550 7,280
Total operating expenses 17,042 7,762 32,793 20,333
Loss from operations (15,136) (7,762) (30,227) (19,833)
Other income (expenses)        
Interest income 77 74 152 156
Interest expense and financing fees (529) (352) (1,149) (683)
Change in fair value of derivative liabilities 0 0 (89) 0
Change in fair value of investments (801) 1,622 (1,719) 1,407
Total other income (expenses) (1,253) 1,344 (2,805) 880
Net loss (16,389) (6,418) (33,032) (18,953)
Less: net loss attributable to non-controlling interests 3,911 243 8,349 722
Net loss attributable to common stockholders $ (12,478) $ (6,175) $ (24,683) $ (18,231)
Basic and diluted net loss per common share $ (0.31) $ (0.16) $ (0.62) $ (0.47)
Weighted average common shares outstanding—basic and diluted 39,867,724 39,119,606 39,762,956 38,848,660