XML 14 R4.htm IDEA: XBRL DOCUMENT 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
Product revenue, net $ 32,441 $ 21,320 $ 90,563 $ 54,585
Licensing revenue 293 163 825 538
Total revenue, net 32,734 21,483 91,388 55,123
Less: Cost of goods sold 8,451 7,478 24,208 19,486
Gross margin 24,283 14,005 67,180 35,637
Operating expenses:        
Selling, general and administrative 26,061 26,727 80,147 77,522
Research and development 13,490 13,092 39,798 37,715
Total operating expenses 39,551 39,819 119,945 115,237
Operating loss (15,268) (25,814) (52,765) (79,600)
Gain (loss) on change in fair value of derivative liabilities 3,610 (230) 8,170 (366)
Interest expense, net (5,051) (5,061) (16,253) (14,753)
Other expense, net (78) (102) (381) (135)
Loss from operations before taxes (16,787) (31,207) (61,229) (94,854)
Benefit from income taxes 1,015 532 2,332 1,541
Net loss (15,772) (30,675) (58,897) (93,313)
Preferred stock purchase option       (868)
Preferred stock beneficial conversion features   (1,646)   (32,987)
Net loss applicable to common shareholders $ (15,772) $ (32,321) $ (58,897) $ (127,168)
Loss per share:        
Basic $ (0.08) $ (0.18) $ (0.31) $ (0.71)
Diluted $ (0.08) $ (0.18) $ (0.31) $ (0.71)
Weighted average shares:        
Basic 209,149 183,245 192,618 179,780
Diluted 209,149 183,245 192,618 179,780