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Statements of Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenue:      
License and milestone fees $ 1,710 $ 302 $ 9,637
Collaborative revenue 2,093 2,201 2,225
Clinical compound revenue 0 674 102
Total revenue 3,803 3,177 11,964
Operating expenses:      
Research and development 21,221 15,068 8,685
General and administrative 7,770 6,181 3,516
Total operating expenses 28,991 21,249 12,201
Operating loss (25,188) (18,072) (237)
Other income (expense), net 101 126 (3,756)
Loss before benefit from income taxes (25,087) (17,946) (3,993)
Benefit from income taxes 397 201 30
Net loss (24,690) (17,745) (3,963)
Net loss available to common stockholders:      
Basic and Diluted $ (24,690) $ (17,745) $ (3,072)
Loss per share available to common stockholders:      
Basic and Diluted $ (1.00) $ (0.85) $ (0.74)
Weighted average shares:      
Basic and Diluted 24,620,372 20,965,935 4,133,138
Other comprehensive loss, net of tax of $0:      
Unrealized gains (losses) on available for sale marketable securities $ (35)    
Total comprehensive loss $ (24,725) $ (17,745) $ (3,072)