| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 | Sep'15 | Jun'15 | Mar'15 | Dec'14 | Sep'14 | Jun'14 | Mar'14 | Sep'13 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue: | |||||||||||||||||||||||||
Total revenue | |||||||||||||||||||||||||
116,200 | 123,854 | 111,684 | 83,433 | 37,100 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Collaboration and license revenue | |||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 1,395 | 161 | - | 162,835 | 14,068 | 12,359 | 10,198 | 7,167 | 6,866 | 5,810 | 5,761 | 16,052 | 4,965 | 3,596 | 506 |
Total revenue | |||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6,866 | 5,810 | - | - | - | - | - |
Operating expenses: | |||||||||||||||||||||||||
Cost of goods sold | |||||||||||||||||||||||||
6,855 | 7,805 | 6,447 | 601 | 2,225 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Research and development | |||||||||||||||||||||||||
33,107 | 34,948 | 21,568 | 18,883 | 18,789 | 26,662 | 31,603 | 26,519 | 25,455 | 31,488 | 42,626 | 34,500 | 53,775 | 59,010 | 64,573 | 65,544 | 65,313 | 51,433 | 68,218 | 56,944 | 36,467 | 26,867 | 18,496 | 18,925 | 13,936 | 4,934 |
Selling, general and administrative | |||||||||||||||||||||||||
35,350 | 36,070 | 31,828 | 36,456 | 32,683 | 33,840 | 25,369 | 18,391 | 16,577 | 14,978 | 13,989 | 23,533 | 18,803 | 15,294 | 13,645 | 11,260 | 11,398 | 10,972 | 10,166 | 8,817 | 6,091 | 6,186 | 3,979 | 3,978 | 3,421 | 2,355 |
Total operating expenses | |||||||||||||||||||||||||
75,312 | 78,823 | 59,843 | 55,940 | 53,697 | 60,502 | 56,972 | 44,910 | 42,032 | 46,466 | 56,615 | 58,033 | 72,578 | 74,304 | 78,218 | 76,804 | 76,711 | 62,405 | 78,384 | 65,761 | 42,558 | 33,053 | 22,475 | 22,903 | 17,357 | 7,289 |
Income (loss) from operations | |||||||||||||||||||||||||
40,868 | 45,033 | 51,841 | 27,493 | -16,599 | -60,502 | -56,972 | -44,910 | -42,032 | -46,466 | -56,615 | -56,638 | -72,417 | -73,460 | 84,617 | -62,736 | -64,352 | -52,207 | -71,217 | -58,895 | -36,748 | -26,560 | -6,423 | -17,938 | -13,761 | -6,783 |
Interest expense (includes related party of $620 and $610 for the three months ended March 31, 2020 and 2019, respectively) | |||||||||||||||||||||||||
4,431 | 4,483 | 4,469 | 4,433 | 4,216 | 2,434 | 2,425 | 2,417 | 2,408 | 2,400 | 2,392 | 2,384 | 2,376 | 2,369 | 2,420 | 2,354 | 837 | - | 33 | - | - | 0 | 1 | 1,158 | 2,741 | 1,992 |
Other income, net | |||||||||||||||||||||||||
68 | 721 | 518 | 558 | 811 | 340 | 571 | 3,642 | 138 | -203 | 14 | 3,620 | -29 | -115 | 1,647 | -5,060 | -349 | -373 | -235 | -139 | -4,091 | -2,463 | -1,490 | -5,974 | -8,668 | -12,698 |
Net income (loss) before income taxes | |||||||||||||||||||||||||
36,505 | 41,271 | 47,890 | 23,618 | -20,004 | - | -58,826 | -43,685 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Income tax provision | |||||||||||||||||||||||||
900 | 2,002 | 847 | 51 | 0 | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net income (loss) | |||||||||||||||||||||||||
35,600 | 39,227 | 47,043 | 23,567 | -20,004 | -62,596 | -58,826 | -43,685 | -44,302 | -49,069 | -58,993 | -55,402 | -74,822 | -75,944 | 83,844 | -70,150 | -65,538 | -52,580 | -71,485 | -59,034 | -40,839 | -29,023 | -7,914 | -25,070 | -25,170 | -21,473 |
Net loss attributable to non-controlling interest | |||||||||||||||||||||||||
- | - | 0 | 0 | - | 0 | -18 | -47 | -5 | -2 | -4 | -66 | -44 | -23 | -95 | -183 | -150 | -189 | -151 | -224 | -114 | - | -42 | -113 | - | - |
Net income (loss) | |||||||||||||||||||||||||
35,572 | 39,227 | 47,043 | 23,567 | -20,004 | -62,596 | -58,808 | -43,638 | -44,297 | -49,067 | -58,989 | -55,336 | -74,778 | -75,921 | 83,939 | -69,967 | -65,388 | -52,391 | -71,334 | -58,810 | -40,725 | -29,134 | -7,872 | -24,957 | -25,170 | -21,473 |
Net loss per share attributable to Coherus, basic and diluted | |||||||||||||||||||||||||
- | - | - | - | - | - | - | - | -0.74 | - | -1.09 | -1.08 | -1.54 | - | - | -1.72 | -1.67 | - | - | -1.56 | -1.22 | 3.14 | -1.79 | -5.96 | -6.03 | -6.23 |
Weighted-average number of shares used in computing net loss per share attributable to Coherus, basic and diluted | |||||||||||||||||||||||||
- | - | - | - | - | - | - | - | 60,122 | - | 54,070 | 51,291 | 48,711 | - | - | 40,698 | 39,095 | - | - | 37,672 | 33,377 | 19,972 | 4,409 | 4,186 | 4,177 | 3,444 |
Net income (loss) per share: | |||||||||||||||||||||||||
Basic | |||||||||||||||||||||||||
0.50 | 0.57 | 0.67 | 0.34 | -0.29 | - | -0.87 | -0.68 | - | - | - | - | - | - | 1.93 | - | - | - | -1.86 | - | - | - | - | - | - | - |
Diluted | |||||||||||||||||||||||||
0.48 | 0.57 | 0.63 | 0.32 | -0.29 | - | -0.87 | -0.68 | - | - | - | - | - | - | 1.67 | - | - | - | -1.86 | - | - | - | - | - | - | - |
Weighted-average number of shares used in computing net income (loss) per share: | |||||||||||||||||||||||||
Basic | |||||||||||||||||||||||||
70,662 | 70,222 | 69,877 | 69,479 | 69,140 | - | 67,848 | 63,960 | - | - | - | - | - | - | 43,469 | - | - | - | 38,426 | - | - | - | - | - | - | - |
Diluted | |||||||||||||||||||||||||
74,416 | 72,108 | 78,530 | 72,963 | 69,140 | - | 67,848 | 63,960 | - | - | - | - | - | - | 51,581 | - | - | - | 38,426 | - | - | - | - | - | - | - |