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Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating expenses:      
Research and development $ 25,622 $ 13,365 $ 9,154
General and administrative 7,467 5,150 3,574
Total operating expenses 33,089 18,515 12,728
Loss from operations (33,089) (18,515) (12,728)
Other income (expense)      
Interest expense (2,077) (1,566) (1,513)
Interest income 5 3 1
Change in fair value of warrants (110) 348 (81)
Loss on extinguishment of debt (1,036)    
Loss before benefit from income taxes (36,307) (19,730) (14,321)
Benefit from income taxes 5,972 3,653  
Net loss $ (30,335) $ (16,077) $ (14,321)
Net loss per share (basic and diluted) (in dollars per share) $ (1.38) $ (1.41) $ (289.39)
Weighted-average shares outstanding (basic and diluted) (in shares) 22,017,229 11,394,971 49,486