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Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating expenses:      
Research and development $ 20,929 $ 25,622 $ 13,365
General and administrative 8,792 7,467 5,150
Total operating expenses 29,721 33,089 18,515
Loss from operations (29,721) (33,089) (18,515)
Other income (expense)      
Interest expense (2,446) (2,077) (1,566)
Interest income 117 5 3
Change in fair value of warrants 234 (110) 348
Loss on extinguishment of debt   (1,036)  
Loss before benefit from income taxes (31,816) (36,307) (19,730)
Benefit from income taxes 3,075 5,972 3,653
Net loss $ (28,741) $ (30,335) $ (16,077)
Net loss per share (basic and diluted) (in dollars per share) $ (1.02) $ (1.38) $ (1.41)
Weighted-average shares outstanding (basic and diluted) (in shares) 28,273,331 22,017,229 11,394,971