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Year Ended October 31, |
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 |
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2001 |
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2000 |
|
1999 |
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| In thousands, except share and per share data |
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Revenues:
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Oxyglobin
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$ |
3,482 |
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$ |
3,058 |
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$ |
2,749 |
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Other
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7 |
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5 |
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|
117 |
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Total revenues
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3,489 |
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|
3,063 |
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|
2,866 |
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Cost of revenues
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3,665 |
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|
4,778 |
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6,814 |
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Gross profit (loss)
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(176 |
) |
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(1,715 |
) |
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(3,948 |
) |
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Operating expenses:
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Research and development
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34,609 |
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26,378 |
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24,166 |
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Sales and marketing
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2,807 |
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2,463 |
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2,922 |
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General and administration
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15,365 |
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9,878 |
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5,266 |
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Total operating expenses
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52,781 |
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38,719 |
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32,354 |
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Loss from operations
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(52,957 |
) |
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(40,434 |
) |
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(36,302 |
) |
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Other income (expense):
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Interest income
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3,609 |
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4,424 |
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|
1,041 |
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Interest expense
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(71 |
) |
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(68 |
) |
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(469 |
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Other
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— |
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— |
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200 |
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Total other income, net
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3,538 |
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4,356 |
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|
772 |
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Net loss
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(49,419 |
) |
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|
(36,078 |
) |
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(35,530 |
) |
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Stock dividends on preferred stock
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— |
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— |
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(17,915 |
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Net loss applicable to common stockholders
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$ |
(49,419 |
) |
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$ |
(36,078 |
) |
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$ |
(53,445 |
) |
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Per share data:
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Basic net loss per common share
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$ |
(1.97 |
) |
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$ |
(1.51 |
) |
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$ |
(3.61 |
) |
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Weighted-average shares used in computing basic net loss
per common share
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25,066,132 |
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23,947,251 |
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14,813,045 |
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Pro forma (unaudited):
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Pro forma basic net loss per common share
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$ |
(2.62 |
) |
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Weighted-average shares used in computing pro
forma basic net loss per common share
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20,368,860 |
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