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STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]      
Collaboration revenue $ 146 $ 6,389 $ 6,861
Operating expenses:      
Research and development 34,134 45,084 157,791
General and administrative 19,918 14,798 14,377
Total operating expenses 54,052 59,882 172,168
Loss from operations (53,906) (53,493) (165,307)
Other income (expense), net 631 465 134
Change in fair value of derivative liabilities 158 (1,295) (124)
Net loss (53,117) (54,323) (165,297)
Preferred stock dividends (16,998) (18,938) (7,123)
Settlement of a related party relationship 207,361
Net income (loss) applicable to common stockholders $ 137,246 $ (73,261) $ (172,420)
Net income (loss) per share - basic $ 0.96 $ (0.53) $ (1.32)
Net income (loss) per share - diluted $ 0.96 $ (0.53) $ (1.32)
Weighted average common shares outstanding used to compute basic net income (loss) per share 143,508,674 136,938,264 130,391,463
Weighted average common shares outstanding used to compute diluted net income (loss) per share 143,710,160 136,938,264 130,391,463