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Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Revenue $ 12,839 $ 0
Operating expenses:    
Royalty and direct contract acquisition costs 2,945
Research and development 19,415 41,759
General and administrative 10,816 12,508
Severance expense 1,636
Total operating expenses 33,176 55,903
Loss from operations (20,337) (55,903)
Other (expense) income:    
Gain on extinguishment of debt 2
Interest expense related to amortization of debt issuance costs and discount (1,656) (1,618)
Interest expense on principal (4,858) (5,469)
Fair value adjustment related to derivative and warrant liability 1,998 5,976
Interest and other income, net 309 420
Total other (expense) income (4,207) (689)
Loss before income taxes (24,544) (56,592)
Income tax benefit 22 126
Net loss $ (24,522) $ (56,466)
Net loss per share of common stock:    
Basic and diluted (in dollars per share) $ (0.83) $ (3.15)
Weighted average number of shares of common stock outstanding:    
Basic and diluted (in shares) 29,654,968 17,930,023