| QUARTERLY FINANCIAL INFORMATION (UNAUDITED) |
14. QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
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September 30, |
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September 30, |
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September 30, |
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September 30, |
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Quarter Ended |
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Dec. 31 |
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Sept. 30 |
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Jun. 30 |
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Mar. 31 |
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(in thousands, except per share amounts) |
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2011
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Collaboration revenue
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$ |
1,236 |
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|
1,174 |
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|
1,887 |
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|
1,199 |
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Research and development
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$ |
7,477 |
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3,814 |
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5,409 |
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4,853 |
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General and administrative
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$ |
1,731 |
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1,457 |
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1,471 |
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|
1,571 |
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Restructuring expense
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— |
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— |
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— |
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— |
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Total expenses
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$ |
9,208 |
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5,271 |
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6,880 |
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6,424 |
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Other income (expense)
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$ |
(1,596 |
) |
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8,567 |
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(1,537 |
) |
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|
2,180 |
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Tax expense (recovery)
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$ |
— |
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— |
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— |
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— |
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Net loss (income) attributable to common shareholders
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$ |
9,568 |
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(4,470 |
) |
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|
6,530 |
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|
3,045 |
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Basic net loss (income) per share*:
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$ |
0.98 |
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(0.46 |
) |
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|
0.67 |
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|
0.31 |
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Diluted net loss (income) per share*:
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$ |
0.98 |
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(0.45 |
) |
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|
0.67 |
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|
0.31 |
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2010
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|
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Collaboration revenue
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$ |
2,334 |
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|
4,881 |
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|
1,701 |
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|
4,700 |
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Research and development
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$ |
2,301 |
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6,723 |
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|
3,079 |
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|
6,380 |
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General and administrative
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$ |
1,948 |
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1,067 |
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|
1,475 |
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|
1,350 |
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Restructuring expense
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— |
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4,038 |
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— |
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— |
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Total expenses
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$ |
4,249 |
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11,828 |
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4,554 |
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|
7,730 |
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Other income (expense)
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$ |
(885 |
) |
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|
53 |
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|
7 |
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(14 |
) |
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Tax expense (recovery)
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|
$ |
— |
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|
|
— |
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(3,000 |
) |
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— |
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Net loss (income) attributable to common shareholders
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$ |
2,800 |
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|
6,894 |
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(154 |
) |
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|
3,044 |
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Net loss (income) per share*:
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Basic and diluted
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$ |
0.31 |
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1.07 |
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(.02 |
) |
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|
0.48 |
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| * |
Quarterly EPS may not add to annual figure due to rounding. |
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