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Condensed Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating expenses      
Research and development $ 24,672 $ 12,181 $ 12,413
General and administrative 10,871 7,840 2,764
Impairment of intangible assets 17,315    
Total operating expenses 52,858 20,021 15,177
Loss from operations (52,858) (20,021) (15,177)
Other income (expense), net      
Interest expense (3,091) (4,989) (3,684)
Change in fair value of preferred stock warrant liabilities 1,939 1,181 272
Loss before income tax benefit (expense) (54,010) (23,829) (18,589)
Income tax benefit (expense) 4,393 (271) 0
Net loss and comprehensive loss $ (49,617) $ (24,100) $ (18,589)
Net loss per share, basic and diluted $ (4.08) $ (59.72) $ (47.31)
Weighted-average common shares outstanding, basic and diluted 12,168,354 403,539 392,926