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Condensed Consolidated Statements of Operations (USD $) In Thousands, except Per Share data, unless otherwise specified | 3 Months Ended | 6 Months Ended | 280 Months Ended
--- | --- | --- | ---
Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014
Revenue |  |  |  |  | $ 3,166
Operating expenses: |  |  |  |  |
Research and development | 37,323 | 27,052 | 63,506 | 53,450 | 1,640,798
General and administrative | 32,523 | 14,533 | 47,752 | 24,572 | 533,138
In-process research and development costs |  |  |  |  | 19,726
Goodwill impairment |  |  |  |  | 151,428
Total operating expenses | 69,846 | 41,585 | 111,258 | 78,022 | 2,345,090
Loss from operations | (69,846) | (41,585) | (111,258) | (78,022) | (2,341,924)
Other income (expense) | (370) | 15 | (6,260) | 38 | (9,162)
Interest expense on note payable to principal stockholder | (721) | (1,689) | (1,435) | (3,378) | (46,569)
Interest expense on notes | (2,429) | (2,866) | (6,471) | (5,729) | (61,557)
Interest income | 1 | 1 | 2 | 2 | 37,006
Loss before benefit for income taxes | (73,365) | (46,124) | (125,422) | (87,089) | (2,422,206)
Income tax benefit |  |  |  |  | 382
Net loss | (73,365) | (46,124) | (125,422) | (87,089) | (2,421,824)
Deemed dividend related to beneficial conversion feature of convertible preferred stock |  |  |  |  | (22,260)
Accretion on redeemable preferred stock |  |  |  |  | (952)
Net loss applicable to common stockholders | $ (73,365) | $ (46,124) | $ (125,422) | $ (87,089) | $ (2,445,036)
Net loss per share applicable to common stockholders - basic and diluted | $ (0.19) | $ (0.16) | $ (0.33) | $ (0.31) |
Shares used to compute basic and diluted net loss per share applicable to common stockholders | 380,770 | 284,044 | 374,810 | 282,062 |

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- Definition The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. + References No definition available. + Details
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