Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)

v3.22.2.2
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Total revenues, net $ 14,949 $ 1,350 $ 17,155 $ 5,179
Operating expenses:        
Cost of product sales 528 908 2,814 1,067
Research and development 7,042 10,551 25,136 48,325
Selling, general and administrative 3,284 5,926 17,752 18,677
Amortization expense 0 428 38 1,281
Total operating expenses 10,854 17,813 45,740 69,350
Total operating income (loss) 4,095 (16,463) (28,585) (64,171)
Other expense:        
Interest expense, net (898) (985) (3,221) (1,207)
Other expense, net 0 (15) (20) (20)
Total other expense, net from continuing operations (898) (1,000) (3,241) (1,227)
Income (loss) from continuing operations before taxes 3,197 (17,463) (31,826) (65,398)
Income tax expense (benefit) 5 8 20 (180)
Income (loss) from continuing operations 3,192 (17,471) (31,846) (65,218)
Income from discontinued operations 0 76 0 38
Net income (loss) 3,192 $ (17,395) $ (31,846) $ (65,180)
Common stock        
Other expense:        
Net income (loss) $ 3,192      
Net income (loss) per share of common stock, basic        
Net income (loss) per share of common stock, continuing operations, basic (in dollars per share) [1] $ 0.34 $ (2.09) $ (3.39) $ (8.02)
Net income (loss) per share of common stock, discontinued operations, basic (in dollars per share) 0.00 0.01 0.00 0.00 [1]
Net income (loss) per share of common stock, basic (in dollars per share) [1] 0.34 (2.08) (3.39) (8.02)
Net income (loss) per share of common stock, diluted        
Net income (loss) per share of common stock, continuing operations, diluted in dollars per share) 0.34 [1] (2.09) (3.39) (8.02)
Net income (loss) per share, of common stock, discontinued operations, diluted (in dollars per share) 0.00 0.01 0.00 0.00
Net income (loss) per share of common stock, diluted (in dollars per share) $ 0.34 [1] $ (2.08) $ (3.39) (8.02)
Preferred Stock        
Net income (loss) per share of common stock, basic        
Net income (loss) per share of common stock, continuing operations, basic (in dollars per share) [1]       (3.34)
Net income (loss) per share of common stock, discontinued operations, basic (in dollars per share) [1]       0.00
Net income (loss) per share of common stock, basic (in dollars per share) [1]       (3.34)
Net income (loss) per share of common stock, diluted        
Net income (loss) per share of common stock, continuing operations, diluted in dollars per share) [1]       (3.34)
Net income (loss) per share, of common stock, discontinued operations, diluted (in dollars per share) [1]       0.00
Net income (loss) per share of common stock, diluted (in dollars per share) [1]       $ (3.34)
Product revenue, net        
Revenues:        
Total revenues, net $ 432 $ 1,350 $ 2,638 $ 4,554
License revenue        
Revenues:        
Total revenues, net $ 14,517 $ 0 $ 14,517 $ 625
[1] for prior periods presented have been retroactively adjusted to reflect the 1-for-12 reverse stock split effected on July 7, 2022.