Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

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Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenue      
Products $ 27,844 $ 21,763 $ 4,418
Other 135 6,731  
Total revenue 27,979 28,494 4,418
Cost of goods sold, excluding amortization of intangible assets 17,243 13,495 2,876
Gross margin, excluding amortization of intangible assets 10,736 14,999 1,542
Operating expenses      
Selling, general and administrative 19,169 18,133 10,372
Research and development 11,352 5,949 10,836
Write-off of acquired in-process research and development     2,000
Other operating expenses, principally amortization of intangible assets 3,404 2,053 481
Total operating expenses 33,925 26,135 23,689
Operating loss from continuing operations (23,189) (11,136) (22,147)
Other income and (expense)      
Interest income 288 24 24
Interest expense (1,005) (1,215) (1,760)
Other expense, net (327) 347 (180)
Other expenses, net (1,044) (844) (1,916)
Loss from continuing operations before income taxes and investment losses (24,233) (11,980) (24,063)
Income tax benefit 19,358 18 25
Loss from continuing operations before investment losses (4,875) (11,962) (24,038)
Loss from investments in investees (1,589) (714) (353)
Loss from continuing operations (6,464) (12,676) (24,391)
Income (loss) from discontinued operations, net of tax 5,181 (6,250) (5,722)
Net loss (1,283) (18,926) (30,113)
Preferred stock dividend (2,379) (2,624) (4,718)
Net loss attributable to common shareholders $ (3,662) $ (21,550) $ (34,831)
(Loss) income per share, basic and diluted      
Loss from continuing operations $ (0.03) $ (0.06) $ (0.12)
Income (loss) from discontinued operations $ 0.02 $ (0.02) $ (0.03)
Net loss per share $ (0.01) $ (0.08) $ (0.15)
Weighted average number of common shares outstanding, basic and diluted 280,673,122 255,095,586 233,191,617