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Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenue:    
Collaboration revenue $ 0 $ 1,875
Total revenue 0 1,875
Operating expenses:    
General and administrative 4,879 3,918
Research and development 16,096 15,753
Total operating expenses 20,975 19,671
Loss from operations (20,975) (17,796)
Other income (expense):    
Change in fair value of warrant liability 35 42
Miscellaneous income 628 221
Interest income 174 193
Interest expense (576) (439)
Total other income 261 17
Net loss attributable to common stockholders (20,714) (17,779)
Other comprehensive (loss) income, net:    
Unrealized gain (loss) on marketable securities (51) 236
Other comprehensive (loss) income (51) 236
Comprehensive loss $ (20,765) $ (17,543)
Per share information:    
Net loss per share of common stock, basic and diluted (in dollars per share) $ (0.36) $ (0.35)
Weighted average common shares outstanding, basic and diluted (in shares) 56,894,672 51,350,365