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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenue:    
Collaboration revenue $ 1,499 $ 6,344
Total revenue 1,499 6,344
Operating expenses:    
Research and development 41,911 23,719
General and administrative 15,955 7,336
Change in fair value of contingent consideration 1,013 215
Total operating expenses 58,879 31,270
Loss from operations (57,380) (24,926)
Other income, net 961 139
Loss before income taxes (56,419) (24,787)
Income tax benefit 145  
Net loss $ (56,274) $ (24,787)
Net loss per share - basic and diluted: $ (1.52) $ (0.76)
Weighted-average number of common shares used in computing net loss per share - basic and diluted: 36,920 32,558
Other comprehensive income (loss):    
Unrealized gain (loss) on available-for-sale securities, net of tax of $0.7 million for the three months ended March 31, 2016 $ 1,319 $ (52)
Comprehensive loss $ (54,955) $ (24,839)