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STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Collaboration revenue   $ 1,598 $ 146 $ 4,792
Operating expenses:        
Research and development $ 8,263 11,105 25,935 33,903
General and administrative 4,307 3,571 15,355 10,946
Total operating expenses 12,570 14,676 41,290 44,849
Loss from operations (12,570) (13,078) (41,144) (40,057)
Other income (expense), net 150 175 462 299
Change in fair value of derivative liabilities (165) 202 46 (1,292)
Net loss (12,585) (12,701) (40,636) (41,050)
Preferred stock dividends (6,074) (4,903) (16,656) (13,939)
Net loss applicable to common stockholders $ (18,659) $ (17,604) $ (57,292) $ (54,989)
Basic and diluted net loss per share $ (0.13) $ (0.13) $ (0.41) $ (0.41)
Weighted average common shares outstanding used to compute basic and diluted net loss per share 141,185,404 140,632,297 141,020,025 135,689,364