CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2016 |
Jun. 30, 2015 |
Jun. 30, 2016 |
Jun. 30, 2015 |
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| CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS | ||||
| Revenue | $ 328 | $ 2,783 | $ 3,246 | $ 5,511 |
| Operating expenses | ||||
| Research and development | (16,219) | (8,404) | (30,107) | (14,380) |
| General and administrative | (6,809) | (5,486) | (12,664) | (7,845) |
| Total operating expenses (including purchases from related parties, net of reimbursements of $536, $74, $1,329 and $1,254) | (23,028) | (13,890) | (42,771) | (22,225) |
| Operating loss | (22,700) | (11,107) | (39,525) | (16,714) |
| Interest income | 291 | 188 | 550 | 298 |
| Other income, (loss), net | 607 | (3,502) | 1,656 | 101 |
| Loss before income taxes | (21,802) | (14,421) | (37,319) | (16,315) |
| Income taxes | (293) | (147) | (352) | (198) |
| Net loss | (22,095) | (14,568) | (37,671) | (16,513) |
| Deemed dividend on convertible preferred shares | (2,229) | (8,663) | ||
| Net loss available to ordinary shareholders | $ (22,095) | $ (16,797) | $ (37,671) | $ (25,176) |
| Net loss per ordinary share basic and diluted (Note 4) (in dollars per share) | $ (0.05) | $ (0.05) | $ (0.09) | $ (0.10) |
| Weighted average shares outstanding, basic and diluted (in shares) | 424,711,900 | 316,559,989 | 424,711,900 | 248,222,243 |
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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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. No definition available.
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The net amount of nonoperating interest income (expense). No definition available.
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of preferred stock dividends and adjustments classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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