XML 73 R35.htm IDEA: XBRL DOCUMENT v3.3.1.900
Quarterly Financial Data (unaudited) (Tables)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Data

The following table presents certain unaudited quarterly financial data. This data has been prepared on the same basis as the audited financial statements and includes all adjustments, consisting of normal recurring adjustments only, necessary to present fairly the unaudited quarterly results of operations and comprehensive loss (in thousands, except per share data):

 

 

 

2015

 

 

 

March 31

 

 

June 30

 

 

September 30

 

 

December 31

 

Operating expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Research and development

 

$

5,671

 

 

$

6,616

 

 

$

6,092

 

 

$

6,293

 

General and administrative

 

 

2,152

 

 

 

3,119

 

 

 

2,826

 

 

 

2,774

 

Impairment of intangible assets

 

 

—

 

 

 

—

 

 

 

17,315

 

 

 

—

 

Total operating expenses

 

$

7,823

 

 

$

9,735

 

 

$

26,233

 

 

$

9,067

 

Net loss and comprehensive loss

 

$

(7,032

)

 

$

(10,987

)

 

$

(22,211

)

 

$

(9,387

)

Net loss per share, basic and diluted

 

$

(17.43

)

 

$

(0.99

)

 

$

(1.22

)

 

$

(0.50

)

 

 

 

2014

 

 

 

March 31

 

 

June 30

 

 

September 30

 

 

December 31

 

Operating expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Research and development

 

$

1,669

 

 

$

3,094

 

 

$

3,511

 

 

$

3,907

 

General and administrative

 

 

869

 

 

 

1,873

 

 

 

12

 

 

 

5,086

 

Total operating expenses

 

$

2,538

 

 

$

4,967

 

 

$

3,523

 

 

$

8,993

 

Net loss and comprehensive loss

 

$

(2,830

)

 

$

(7,916

)

 

$

(2,940

)

 

$

(10,414

)

Net loss per share, basic and diluted

 

$

(7.01

)

 

$

(19.62

)

 

$

(7.29

)

 

$

(25.81

)