Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations (Unaudited)

v2.4.1.9
Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenues:      
Products $ 76,983us-gaap_SalesRevenueGoodsNet $ 68,161us-gaap_SalesRevenueGoodsNet $ 45,295us-gaap_SalesRevenueGoodsNet
Revenue from services 8,666us-gaap_SalesRevenueServicesNet 11,658us-gaap_SalesRevenueServicesNet 1,749us-gaap_SalesRevenueServicesNet
Revenue from transfer of intellectual property 5,476opk_RevenueFromTransferOfIntellectualProperty 16,711opk_RevenueFromTransferOfIntellectualProperty 0opk_RevenueFromTransferOfIntellectualProperty
Total revenues 91,125us-gaap_SalesRevenueNet 96,530us-gaap_SalesRevenueNet 47,044us-gaap_SalesRevenueNet
Costs and expenses:      
Costs of revenues 48,009us-gaap_CostOfGoodsAndServicesSold 48,860us-gaap_CostOfGoodsAndServicesSold 27,878us-gaap_CostOfGoodsAndServicesSold
Selling, general and administrative 57,940us-gaap_SellingGeneralAndAdministrativeExpense 55,320us-gaap_SellingGeneralAndAdministrativeExpense 27,795us-gaap_SellingGeneralAndAdministrativeExpense
Research and development 83,571us-gaap_ResearchAndDevelopmentExpense 53,902us-gaap_ResearchAndDevelopmentExpense 19,520us-gaap_ResearchAndDevelopmentExpense
In-process research and development 12,055us-gaap_ResearchAndDevelopmentInProcess 0us-gaap_ResearchAndDevelopmentInProcess 0us-gaap_ResearchAndDevelopmentInProcess
Contingent consideration 24,446us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 6,947us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 785us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
Amortization of intangible assets 10,919us-gaap_AmortizationOfIntangibleAssets 11,133us-gaap_AmortizationOfIntangibleAssets 8,335us-gaap_AmortizationOfIntangibleAssets
Total costs and expenses 236,940us-gaap_OperatingExpenses 176,162us-gaap_OperatingExpenses 84,313us-gaap_OperatingExpenses
Operating loss (145,815)us-gaap_OperatingIncomeLoss (79,632)us-gaap_OperatingIncomeLoss (37,269)us-gaap_OperatingIncomeLoss
Other income and (expense), net:      
Interest income 771opk_InterestIncomeNonoperating 376opk_InterestIncomeNonoperating 188opk_InterestIncomeNonoperating
Interest expense (12,263)opk_InterestExpenseNonoperating (13,802)opk_InterestExpenseNonoperating (1,405)opk_InterestExpenseNonoperating
Fair value changes of derivative instruments, net (10,632)us-gaap_GainLossOnDerivativeInstrumentsNetPretax (45,942)us-gaap_GainLossOnDerivativeInstrumentsNetPretax 1,218us-gaap_GainLossOnDerivativeInstrumentsNetPretax
Other income (expense), net (3,088)us-gaap_OtherNonoperatingIncomeExpense 34,782us-gaap_OtherNonoperatingIncomeExpense 164us-gaap_OtherNonoperatingIncomeExpense
Other income and (expense), net (25,212)us-gaap_NonoperatingIncomeExpense (24,586)us-gaap_NonoperatingIncomeExpense 165us-gaap_NonoperatingIncomeExpense
Loss before income taxes and investment losses (171,027)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (104,218)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (37,104)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax benefit (provision) (24)us-gaap_IncomeTaxExpenseBenefit (1,672)us-gaap_IncomeTaxExpenseBenefit 9,626us-gaap_IncomeTaxExpenseBenefit
Loss before investment losses (171,051)opk_IncomeLossfromContinuingOperationsBeforeInvestmentsinInvesteesExtraordinaryItemsNoncontrollingInterestNetofTax (105,890)opk_IncomeLossfromContinuingOperationsBeforeInvestmentsinInvesteesExtraordinaryItemsNoncontrollingInterestNetofTax (27,478)opk_IncomeLossfromContinuingOperationsBeforeInvestmentsinInvesteesExtraordinaryItemsNoncontrollingInterestNetofTax
Loss from investments in investees (3,587)us-gaap_IncomeLossFromEquityMethodInvestments (11,456)us-gaap_IncomeLossFromEquityMethodInvestments (2,062)us-gaap_IncomeLossFromEquityMethodInvestments
Net loss (174,638)us-gaap_ProfitLoss (117,346)us-gaap_ProfitLoss (29,540)us-gaap_ProfitLoss
Less: Net loss attributable to noncontrolling interests (2,972)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (2,939)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (492)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net loss attributable to common shareholders before preferred stock dividend (171,666)us-gaap_NetIncomeLoss (114,407)us-gaap_NetIncomeLoss (29,048)us-gaap_NetIncomeLoss
Preferred stock dividend 0us-gaap_PreferredStockDividendsIncomeStatementImpact (420)us-gaap_PreferredStockDividendsIncomeStatementImpact (2,240)us-gaap_PreferredStockDividendsIncomeStatementImpact
Net loss attributable to common shareholders $ (171,666)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ (114,827)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ (31,288)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Net loss per share (usd per share) $ (0.41)us-gaap_EarningsPerShareBasicAndDiluted $ (0.32)us-gaap_EarningsPerShareBasicAndDiluted $ (0.11)us-gaap_EarningsPerShareBasicAndDiluted
Weighted average number of common shares outstanding, basic and diluted 422,014,039us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 355,095,701us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 295,750,077us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted