v3.23.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Revenue:    
Revenue $ 0 $ 378
Operating costs and expenses:    
Cost of goods sold 0 571
Research and development 3,341 2,435
Selling, general and administrative 17,011 15,488
Impairment of property and equipment 4,948 0
Total operating costs and expenses 25,300 18,494
Loss from operations (25,300) (18,116)
Other income:    
Interest expense (1,116) (2,193)
Interest income and other income, net 366 124
Non-cash interest income on liability related to sale of future royalties 1,136 3,038
Gain on extinguishment of liability related to the sale of future royalties 84,052 0
Total other income 84,438 969
Net income (loss) from continuing operations before provision for income taxes 59,138 (17,147)
Provision for income taxes (13) (5)
Net income (loss) from continuing operations 59,125 (17,152)
Net loss from discontinued operations –(Note 3) (11,370) (17,947)
Net income (loss) 47,755 (35,099)
Deemed dividend related to Series A Redeemable Convertible Preferred Stock (186) 0
Income allocated to participating securities (5,240) 0
Net income (loss) attributable to Common Shareholders, basic 42,329 (35,099)
Net income (loss) attributable to Common Shareholders, diluted $ 42,342 $ (35,099)
Basic earnings (loss) per share    
Income (loss) from continuing operations (in dollars per share) $ 7.27 $ (2.86)
Income (loss) from discontinued operations (in dollars per share) (1.54) (3.00)
Net income (loss) (in dollars per share) 5.73 (5.86)
Diluted earnings (loss) per share    
Income (loss) from continuing operations (in dollars per share) 7.25 (2.86)
Income (loss) from discontinued operations (in dollars per share) (1.53) (3.00)
Net income (loss) (in dollars per share) $ 5.72 $ (5.86)
Shares used in computing net income (loss) per share of common stock, basic –(Note 16) (in shares) 7,385,348 5,993,013
Shares used in computing net income (loss) per share of common stock, diluted –(Note 16) (in shares) 7,406,986 5,993,013
Product [Member]    
Revenue:    
Revenue $ 0 $ 270
Contract and Other Collaboration [Member]    
Revenue:    
Revenue $ 0 $ 108