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Statements of Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenue:      
License and milestone fees $ 530   $ 1,710
Collaborative revenue 313   2,093
Clinical compound revenue 68 $ 86  
Total revenue 911 86 3,803
Operating expenses:      
Research and development 48,524 49,253 21,221
General and administrative 11,872 9,233 7,770
Total operating expenses 60,396 58,486 28,991
Operating loss (59,485) (58,400) (25,188)
Other income 1,156 652 101
Loss before benefit from income taxes (58,329) (57,748) (25,087)
Benefit from income taxes 204 468 397
Net loss $ (58,125) $ (57,280) $ (24,690)
Net loss per share:      
Basic and Diluted $ (1.86) $ (2.10) $ (1.00)
Weighted average shares:      
Basic and Diluted 31,202,842 27,279,008 24,620,372
Other comprehensive income (loss), net of tax of $0:      
Change in unrealized gains (losses) on available for sale marketable securities $ (73) $ 38 $ (35)
Total comprehensive loss $ (58,198) $ (57,242) $ (24,725)