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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
STATEMENTS OF OPERATIONS        
Revenue     $ 0  
Expenses:        
Research and development $ 3,472 $ 1,569 12,856 $ 6,538
General and administrative 1,378 868 4,074 1,827
Loss from operations (4,850) (2,437) (16,930) (8,365)
Change in fair value of warrant liability   794   1,192
Interest income 15 4 44 6
Interest expense (121) (29) (353) (59)
Other income (expense) (7)   2  
Net loss (4,963) (1,668) (17,237) (7,226)
Cumulative preferred stock dividends   (372)   (2,545)
Net loss applicable to common stockholders $ (4,963) $ (2,040) $ (17,237) $ (9,771)
Per share information:        
Net loss per share of common stock-basic and diluted (in dollars per share) $ (0.35) $ (0.22) $ (1.21) $ (2.79)
Basic and diluted weighted average shares outstanding (in shares) 14,289,939 9,449,355 14,194,793 3,499,808