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Selected Quarterly Financial Information (unaudited) (Tables)
 12 Months Ended
Dec. 31, 2014
Selected Quarterly Financial Information (unaudited)  
Summary of the quarterly results of operations

 

 

 

 

2014

 

 

 

March 31

 

June 30 
(Restated)

 

September 30 
(Restated)

 

December 31 
(Restated)

 

 

 

 

 

 

 

 

 

 

 

Collaboration revenue

 

$

—

 

$

—

 

$
39,575

 

$
1,684

 

Research and development expenses

 
14,377

 
34,707

 
17,105

 
22,196

 

General and administrative expenses

 
6,349

 
7,570

 
8,812

 
10,656

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from operations

 
(20,726

)
(42,277

)
13,658

 
(31,168

)

Net income (loss) attributable to common stockholders

 

$
(20,682

)

$
(72,990

)

$
8,552

 

$
(31,652

)

Basic earnings (loss) per common share

 

$
(0.64

)

$
(2.19

)

$
0.26

 

$
(0.94

)

Diluted earnings (loss) per common share

 

$
(0.64

)

$
(2.19

)

$
0.25

 

$
(0.94

)

 

 

 

 

2013

 

 

 

March 31

 

June 30

 

September 30

 

December 31

 

Collaboration revenue

 

$

—

 

$

—

 

$

—

 

$

—

 

Research and development expenses

 
2,390

 
4,345

 
11,101

 
15,379

 

General and administrative expenses

 
1,738

 
3,241

 
4,166

 
5,065

 

 

 

 

 

 

 

 

 

 

 

Loss from operations

 
(4,128

)
(7,586

)
(15,267

)
(20,444

)

Net loss attributable to common shareholders

 

$
(6,361

)

$
(11,863

)

$
(18,424

)

$
(20,388

)

Basic and diluted earnings per common share

 

$
(4.33

)

$
(8.07

)

$
(10.26

)

$
(0.65

)