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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Collaboration revenue $ 15,000 $ 0
Operating expenses:    
Research and development 20,968 20,631
General and administrative 4,285 4,141
Total operating expenses 25,253 24,772
Loss from operations (10,253) (24,772)
Other income (expense), net:    
Interest expense 0 (320)
Interest income 1,897 2,988
Other income, net 94 7
Total other income (expense), net 1,991 2,675
Loss before income taxes (8,262) (22,097)
Provision for income taxes 0 19
Net loss (8,262) (22,078)
Unrealized income on available for sale securities, net of tax of $0 and $115, respectively 807 427
Comprehensive loss $ (7,455) $ (21,651)
Net loss per common share:    
Basic and diluted (in dollars per share) $ (0.30) $ (0.82)
Weighted-average number of shares outstanding:    
Basic and diluted (in shares) 27,264 26,981