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Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating expenses    
General and administrative $ (9,801,000) $ (8,023,000)
Research and development (12,309,000) (11,618,000)
Loss from operations (22,110,000) (19,641,000)
Other income (expense), net (548,000) 2,402,000
Net loss before income taxes (22,658,000) (17,239,000)
Income tax expense (46,000) 0
Net loss (22,704,000) (17,239,000)
Net loss attributable to common stockholders—basic and diluted $ (22,704,000) $ (17,239,000)
Net loss per share attributable to common stockholders—basic and diluted (in USD per share) $ (0.85) $ (0.70)
Weighted average number of common shares outstanding—basic and diluted (shares) 26,723,266 24,602,668
Unrealized gain on available-for-sale investments $ 111,000 $ 49,000
Comprehensive loss $ (22,593,000) $ (17,190,000)