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Unaudited Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Collaboration revenue        
Collaboration revenue $ 5,175 $ 12,557 $ 45,137 $ 38,094
Expenses        
Research and development 27,144 18,326 71,979 50,830
General and administrative 7,486 6,151 24,802 17,312
Depreciation and amortization 105 98 311 336
Total expenses 34,735 24,575 97,092 68,478
Other income (expense)        
Investment income 1,094 198 1,787 352
Interest expense (2,360) (484) (3,773) (956)
Loss on extinguishment of debt     (1,007)  
Other expenses   (3)   (3)
Total other income (expense) (1,266) (289) (2,993) (607)
Loss before taxes on income (30,826) (12,307) (54,948) (30,991)
Provision for taxes on income 9 1 15 2
Net loss $ (30,835) $ (12,308) $ (54,963) $ (30,993)
Net loss per share—basic and diluted $ (1.07) $ (0.50) $ (2.03) $ (1.34)
Weighted-average number of common shares used in net loss per share basic and diluted 28,704,853 24,845,364 27,022,269 23,196,293
License and milestone        
Collaboration revenue        
Collaboration revenue $ 4,766 $ 12,501 $ 44,452 $ 37,594
Other revenue        
Collaboration revenue        
Collaboration revenue $ 409 $ 56 $ 685 $ 500