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Condensed Statements of Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenue:        
License and milestone fees   $ 1,710   $ 1,710
Collaborative revenue   730   2,093
Clinical compound revenue     $ 86  
Total revenue   2,440 86 3,803
Operating expenses:        
Research and development $ 9,671 5,584 28,976 13,653
General and administrative 2,102 1,865 7,195 5,609
Total operating expenses 11,773 7,449 36,171 19,262
Operating loss (11,773) (5,009) (36,085) (15,459)
Other income 176 22 498 49
Loss before benefit from income taxes (11,597) (4,987) (35,587) (15,410)
Benefit from income taxes 55 200 279 250
Net loss $ (11,542) $ (4,787) $ (35,308) $ (15,160)
Net loss per share -Basic and Diluted $ (0.42) $ (0.19) $ (1.29) $ (0.64)
Weighted average shares:        
Basic and Diluted 27,282,863 25,545,164 27,275,133 23,737,443
Other comprehensive loss, net of tax of $0:        
Changes in unrealized gains (losses) on available-for-sale marketable securities $ (21)   $ 55  
Total comprehensive loss $ (11,563) $ (4,787) $ (35,253) $ (15,160)