| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Total revenue, net | ||||||||||
429,755 | 229,214 | 181,104 | 130,084 | 81,756 | 54,202 | 26,351 | - | - | 0 | 0 |
Less: Cost of goods sold | ||||||||||
96,019 | 54,543 | 44,952 | 34,363 | 27,875 | 20,485 | 11,912 | - | - | - | - |
Gross margin | ||||||||||
333,736 | 174,671 | 136,152 | 95,721 | 53,881 | 33,717 | 14,439 | - | - | - | - |
Operating expenses: | ||||||||||
Selling, general and administrative | ||||||||||
323,623 | 226,996 | 134,549 | 111,372 | 101,041 | 79,346 | 123,795 | 57,794 | 22,559 | 17,087 | 13,152 |
Research and development | ||||||||||
34,392 | 55,900 | 47,158 | 49,975 | 51,062 | 50,326 | 72,750 | 58,956 | 21,602 | 28,014 | 20,892 |
Total operating expenses | ||||||||||
358,015 | 282,896 | 181,707 | 161,347 | 152,103 | 129,672 | 196,545 | 116,750 | 44,161 | 45,101 | 34,044 |
Operating loss | ||||||||||
-24,279 | -108,225 | -45,555 | -65,626 | -98,222 | -95,955 | -182,106 | -116,750 | -44,161 | -45,101 | -34,044 |
Gain on change in fair value of derivative liabilities | ||||||||||
- | - | - | 8,170 | -1,106 | 13,472 | 47,710 | -35,344 | -22,669 | -205,153 | 5,137 |
Gain on extinguishment of debt | ||||||||||
- | - | - | - | 1,314 | 38,034 | - | - | - | - | - |
Interest expense | ||||||||||
6,626 | 8,872 | 9,766 | 18,677 | 20,180 | 18,575 | 34,179 | 18,091 | 1 | 19 | 2,832 |
Interest income | ||||||||||
8,499 | 1,074 | 429 | 234 | 132 | 96 | 343 | 544 | 231 | 53 | 199 |
Other (expense) income, net | ||||||||||
-75 | -326 | 74 | -482 | -228 | 3,727 | -1,189 | -427 | -10 | 130 | 33 |
Loss from operations before taxes | ||||||||||
-22,481 | -116,349 | -54,818 | -76,381 | -118,290 | -59,201 | -169,421 | -170,068 | -66,610 | -250,090 | -31,507 |
Income tax benefit | ||||||||||
164 | 96 | 13,047 | 9,969 | -3,086 | -2,837 | -3,194 | 9,116 | 2,516 | -501 | -901 |
Net loss | ||||||||||
-22,645 | -116,445 | -67,865 | -86,350 | -115,204 | -56,364 | -166,227 | -179,184 | -69,126 | -249,589 | -30,606 |
Preferred stock purchase option | ||||||||||
- | - | - | - | 868 | - | - | - | - | - | - |
Preferred stock beneficial conversion features | ||||||||||
- | - | - | - | 32,987 | - | - | - | - | - | - |
Net loss applicable to common shareholders | ||||||||||
- | - | - | - | -149,059 | -56,364 | -166,227 | - | - | - | - |
Loss per share: | ||||||||||
Basic | ||||||||||
-0.07 | -0.39 | -0.25 | -0.41 | -0.83 | -0.32 | -1.03 | -1.24 | -0.53 | - | - |
Diluted | ||||||||||
-0.07 | -0.39 | -0.25 | -0.41 | -0.83 | -0.36 | -1.28 | -1.24 | -0.53 | - | - |
Basic and diluted | ||||||||||
- | - | - | - | - | - | - | - | - | -2.49 | -0.72 |
Weighted average shares: | ||||||||||
Basic | ||||||||||
342,538 | 297,237 | 270,652 | 211,874 | 180,654 | 173,719 | 161,022 | 144,017 | 130 | - | - |
Diluted | ||||||||||
342,538 | 297,237 | 270,652 | 211,874 | 180,654 | 173,824 | 167,070 | 144,017 | 130 | - | - |
Basic and diluted | ||||||||||
- | - | - | - | - | - | - | - | - | 100 | 42,424 |
Product Revenue, Net | ||||||||||
Total revenue, net | ||||||||||
427,391 | 228,371 | 179,825 | 128,966 | 80,987 | 54,202 | 26,351 | - | - | - | - |
Licensing and Royalty Revenue | ||||||||||
Total revenue, net | ||||||||||
2,364 | 843 | 1,279 | 1,118 | 769 | - | - | - | - | - | - |