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Condensed Statements of Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue:        
License and milestone fees     $ 530  
Collaborative revenue     313  
Clinical compound revenue   $ 79 68 $ 86
Total revenue   79 911 86
Operating expenses:        
Research and development $ 6,961 10,760 27,797 19,305
General and administrative 2,672 2,645 5,072 5,092
Total operating expenses 9,633 13,405 32,869 24,397
Operating loss (9,633) (13,326) (31,958) (24,311)
Other income 331 172 421 321
Loss before benefit from income taxes (9,302) (13,154) (31,537) (23,990)
Benefit from income taxes 2 79 33 224
Net loss $ (9,300) $ (13,075) $ (31,504) $ (23,766)
Net loss per share -Basic and Diluted $ (0.29) $ (0.48) $ (1.06) $ (0.87)
Weighted average shares:        
Basic and Diluted 32,239,877 27,282,863 29,783,424 27,271,226
Other comprehensive income, net of tax of $0:        
Unrealized gains (losses) on available-for-sale marketable securities $ (37) $ 37 $ (16) $ 76
Total comprehensive loss $ (9,337) $ (13,038) $ (31,520) $ (23,690)