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Condensed Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
OPERATING EXPENSES:        
Research and development $ 16,278 $ 10,618 $ 27,837 $ 20,335
General and administrative 6,000 3,070 10,756 5,209
Loss from operations (22,278) (13,688) (38,593) (25,544)
OTHER (EXPENSE) INCOME:        
Other (expense) income, net (78) 1,727 (128) (506)
Loss on retirement of note payable   (203)   (203)
Interest income 185 5 290 7
Interest expense (794) (450) (1,591) (851)
NET LOSS (22,965) (12,609) (40,022) (27,097)
OTHER COMPREHENSIVE INCOME, NET OF TAX:        
Unrealized (loss) gain from marketable securities (31) 1 31 1
COMPREHENSIVE LOSS (22,996) (12,608) (39,991) (27,096)
LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS - BASIC AND DILUTED (Note 10) $ (22,965) $ (16,640) $ (40,022) $ (36,097)
LOSS PER SHARE:        
Basic (in dollars per share) $ (0.61) $ (2.22) $ (1.08) $ (9.11)
Diluted (in dollars per share) $ (0.61) $ (2.22) $ (1.08) $ (9.11)
WEIGHTED AVERAGE SHARES:        
Basic (in shares) 37,895,651 7,500,148 37,089,642 3,962,559
Diluted (in shares) 37,895,651 7,500,148 37,089,642 3,962,559