Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME (unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME (unaudited) - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Revenue from contracts with customers $ 775,000 $ 36,073,000 $ 3,518,000 $ 47,005,000
Revenue recognized under units-of-revenue method 121,000 110,000 96,000 328,000
Total revenues 896,000 36,183,000 3,614,000 47,333,000
Operating expenses:        
Research and development 637,000 307,000 1,445,000 7,215,000
General and administrative 4,657,000 7,255,000 14,236,000 17,625,000
Restructuring charges (credit) 909,000 (29,000) 1,368,000 3,451,000
Total operating expenses 6,203,000 7,533,000 17,049,000 28,291,000
(Loss) income from operations (5,307,000) 28,650,000 (13,435,000) 19,042,000
Other income (expense):        
Interest expense (209,000) (202,000) (557,000) (1,108,000)
Loss on extinguishment of debt   (135,000)   (650,000)
Other income (expense), net 938,000 (263,000) 3,661,000 337,000
(Loss) income before income tax (4,578,000) 28,050,000 (10,331,000) 17,621,000
Provision for income taxes   (1,706,000) 0 (1,706,000)
Net (loss) income and comprehensive (loss) income (4,578,000) 26,344,000 (10,331,000) 15,915,000
Net (loss) income and comprehensive (loss) income available to common stockholders, basic (4,578,000) 16,038,000 (10,331,000) 6,609,000
Net (loss) income and comprehensive (loss) income available to common stockholders, diluted $ (4,578,000) $ 16,418,000 $ (10,331,000) $ 6,669,000
Basic net (loss) income per share available to common stockholders $ (0.55) $ 2.06 $ (1.24) $ 0.89
Diluted net (loss) income per share available to common stockholders $ (0.55) $ 1.98 $ (1.24) $ 0.88
Weighted average shares used in computing basic net (loss) income per share available to common stockholders 8,386 7,786 8,354 7,424
Weighted average shares used in computing diluted net (loss) income per share available to common stockholders 8,386 8,275 8,354 7,617