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Condensed Statements of Operations and Comprehensive Loss (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
OPERATING EXPENSES:        
Research and development $ 10,618 $ 16,240 $ 20,335 $ 33,527
General and administrative 3,070 1,444 5,209 3,022
Loss from operations (13,688) (17,684) (25,544) (36,549)
OTHER (EXPENSE) INCOME:        
Other income (expense) , net 1,727 (1,184) (506) 10,072
Loss on retirement of note payable (203)   (203)  
Interest income 5 14 7 16
Interest expense (450) (658) (851) (1,356)
NET LOSS (12,609) (19,512) (27,097) (27,817)
OTHER COMPREHENSIVE LOSS, NET OF TAX:        
Unrealized gain from marketable securities 1 3 1 3
COMPREHENSIVE LOSS (12,608) (19,509) (27,096) (27,814)
LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS - BASIC AND DILUTED (Note 11): $ (16,640) $ (23,880) $ (36,097) $ (35,767)
LOSS PER SHARE:        
Basic (in dollars per share) $ (2.22) $ (62.59) $ (9.11) $ (93.89)
Diluted (in dollars per share) $ (2.22) $ (62.59) $ (9.11) $ (93.89)
WEIGHTED AVERAGE SHARES:        
Basic (in shares) 7,500,148 381,525 3,962,559 380,942
Diluted (in shares) 7,500,148 381,525 3,962,559 380,942