Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenue        
Product sales $ 9,917 $ 8,428 $ 18,556 $ 15,378
Other revenue 294   432  
Total revenue 10,211 8,428 18,988 15,378
Cost of goods sold, excluding amortization of intangible assets 6,554 4,890 11,541 9,068
Gross margin, excluding amortization of intangible assets 3,657 3,538 7,447 6,310
Operating expenses        
Selling, general and administrative 5,435 4,700 10,106 9,755
Research and development 4,490 2,708 9,321 3,796
Contingent consideration 965   2,109  
Other operating expenses, principally amortization of intangible assets 2,108 905 4,099 1,670
Total operating expenses 12,998 8,313 25,635 15,221
Operating loss from continuing operations (9,341) (4,775) (18,188) (8,911)
Other income and (expense)        
Interest income 47 8 74 16
Interest expense (231) (259) (582) (346)
Other income, net (243) 122 1,055 244
Other income and (expense), net (427) (129) 547 (86)
Loss from continuing operations before income taxes and investment losses (9,768) (4,904) (17,641) (8,997)
Income tax provision (benefit) 2 (8) 217 226
Loss from continuing operations before investment losses (9,770) (4,896) (17,858) (9,223)
Loss from investments in investees (475) (451) (996) (874)
Loss from continuing operations (10,245) (5,347) (19,326) (10,097)
Loss from discontinued operations, net of tax    (399)    (1,353)
Net loss (10,245) (5,746) (18,854) (11,450)
Preferred stock dividend (560) (615) (1,120) (1,260)
Net loss attributable to common shareholders $ (10,805) $ (6,361) $ (19,974) $ (12,710)
Loss per share, basic and diluted:        
Loss from continuing operations $ (0.04) $ (0.02) $ (0.07) $ (0.04)
Loss from discontinued operations   $ 0.00   $ (0.01)
Net loss per share $ (0.04) $ (0.02) $ (0.07) $ (0.05)
Weighted average number of common shares outstanding, basic and diluted 297,836,707 285,135,830 297,689,886 273,155,609