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CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenue    
Research and development revenue $ 1,227 $ 2,785
Costs and expenses:    
Research and development 4,198 4,413
General and administrative 2,044 3,187
Total costs and expenses 6,242 7,600
Loss from operations (5,015) (4,815)
Interest income 34 36
Other income   228
Net loss (4,981) (4,551)
Unrealized gain on marketable securities 29 11
Comprehensive loss $ (4,952) $ (4,540)
Basic and diluted net loss per share:    
Net loss per share $ (0.08) $ (0.07)
Weighted average basic and diluted common shares outstanding 65,489 62,745