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Consolidated Statements of Operations (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Operating expenses:    
Research and development $ 2,303,000us-gaap_ResearchAndDevelopmentExpense $ 3,242,000us-gaap_ResearchAndDevelopmentExpense
General and administrative 3,208,000us-gaap_GeneralAndAdministrativeExpense 1,829,000us-gaap_GeneralAndAdministrativeExpense
Total operating expenses 5,511,000us-gaap_OperatingExpenses 5,071,000us-gaap_OperatingExpenses
Operating loss (5,511,000)us-gaap_OperatingIncomeLoss (5,071,000)us-gaap_OperatingIncomeLoss
Other income (expense):    
Interest income 1,000us-gaap_InvestmentIncomeInterest 1,000us-gaap_InvestmentIncomeInterest
Interest expense (34,000)us-gaap_InterestExpense (33,000)us-gaap_InterestExpense
Derivatives gain (loss) (10,286,000)us-gaap_GainLossOnDerivativeInstrumentsNetPretax 0us-gaap_GainLossOnDerivativeInstrumentsNetPretax
Other income (expense), net (10,319,000)us-gaap_OtherNonoperatingIncomeExpense (32,000)us-gaap_OtherNonoperatingIncomeExpense
Net loss $ (15,830,000)us-gaap_NetIncomeLoss $ (5,103,000)us-gaap_NetIncomeLoss
Net loss per share, basic (in dollars per share) $ (0.64)us-gaap_EarningsPerShareBasic $ (0.28)us-gaap_EarningsPerShareBasic
Net loss per share, diluted (in dollars per share) $ (0.64)us-gaap_EarningsPerShareDiluted $ (0.28)us-gaap_EarningsPerShareDiluted
Weighted average number of common shares outstanding, basic (in shares) 24,909,876us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 18,540,697us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Weighted average number of common shares outstanding, diluted (in shares) 24,909,876us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 18,540,697us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding