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STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Research contract revenue $ 1,869 $ 633 $ 2,413 $ 1,033
Operating expenses:        
Research and development, including costs of research contracts 16,970 9,733 98,643 24,621
General and administrative 3,065 2,842 14,388 9,315
Total operating expenses 20,035 12,575 113,031 33,936
Loss from operations (18,166) (11,942) (110,618) (32,903)
Other income (expense), net (4) 2 6 (6)
Change in fair value of warrants   5,847   11,529
Net loss $ (18,170) $ (6,093) $ (110,612) $ (21,380)
Net loss per share - basic and diluted $ (0.14) $ (0.06) $ (0.89) $ (0.21)
Weighted average common shares outstanding used to compute net loss per share - basic and diluted 129,732,356 100,428,520 123,911,796 100,360,825