Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.7.0.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenue    
Revenues $ 44,682  
Net revenue 44,682 $ 660
Operating expenses    
Cost of goods sold - product revenue 469  
Research and development 8,404  
Research and development - licenses acquired 1,294 83
General and administrative 7,985  
Total operating expenses 62,259 15,751
Loss from operations (17,577) (15,091)
Other income (expenses)    
Interest income 136 75
Interest expense and financing fee (698) (620)
Change in fair value of derivative liabilities 4,342 (89)
Change in fair value of subsidiary convertible note (97) 0
Change in fair value of investments (668) (918)
Total other income (expenses) 3,015 (1,552)
Net loss (14,562) (16,643)
Net loss attributable to non-controlling interests (2,580) (4,438)
Net loss attributable to common stockholders $ (11,982) $ (12,205)
Basic and diluted net loss per common share $ (0.30) $ (0.31)
Weighted average common shares outstanding—basic and diluted 40,357,711 39,658,188
Parent Company [Member]    
Revenue    
Product revenue, net $ 2,085 $ 383
Revenue - from a related party 693 277
Revenues 2,778 660
Operating expenses    
Cost of goods sold - product revenue 469 0
Research and development 7,110 7,736
Research and development - licenses acquired 1,294 83
General and administrative 10,252 7,932
Total operating expenses 19,125 15,751
National Holdings Corporation [Member]    
Revenue    
Commissions 24,506 0
Net dealer inventory gains 2,511 0
Investment banking 7,061 0
Investment advisory 3,385 0
Interest and dividends 716 0
Transfer fees and clearing services 2,498 0
Tax preparation and accounting 856 0
Other 371 0
Revenues 41,904 0
Operating expenses    
Commissions, compensation and fees 37,258 0
Clearing fees 738 0
Communications 722 0
Occupancy 1,008 0
Licenses and registration 405 0
Professional fees 1,263 0
Interest 4 0
Depreciation and amortization 506 0
Other administrative expenses 1,230 0
Total operating expenses $ 43,134 $ 0