DURECT CORPORATION | ||||||
STATEMENTS OF OPERATIONS DATA | ||||||
(in thousands, except per share amounts) | ||||||
(unaudited) | ||||||
Three months ended | ||||||
March 31, | ||||||
2011 | 2010 | |||||
Collaborative research and development and other revenue | $ 5,512 | $ 3,816 | ||||
Product revenue, net | 3,092 | 3,850 | ||||
Total revenues | 8,604 | 7,666 | ||||
Operating expenses: | ||||||
Cost of revenues (1) | 1,401 | 1,378 | ||||
Research and development (1) | 9,880 | 9,421 | ||||
Selling, general and administrative (1) | 3,716 | 3,502 | ||||
Total operating expenses | 14,997 | 14,301 | ||||
Loss from operations | (6,393) | (6,635) | ||||
Other income (expense): | ||||||
Interest and other income | 40 | 11 | ||||
Interest and other expense | (4) | (2) | ||||
Net other income | 36 | 9 | ||||
Net loss | $ (6,357) | $ (6,626) | ||||
Net loss per share, basic and diluted | $ (0.07) | $ (0.08) | ||||
Shares used in computing basic and diluted net loss per share | 87,270 | 86,756 | ||||
(1) Includes stock-based compensation related to the following: | ||||||
Cost of revenues | $ 85 | $ 84 | ||||
Research and development | 1,127 | 1,277 | ||||
Selling, general and administrative | 571 | 669 | ||||
Total stock-based compensation | $ 1,783 | $ 2,030 | ||||
