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Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating expenses:      
Research and development $ 29,802 $ 25,302 $ 16,014
General and administrative 20,238 10,922 6,745
Total operating expenses 50,040 36,224 22,759
Loss from operations (50,040) (36,224) (22,759)
Interest expense. (520) (270) (936)
Change in fair value of warrant liability     (2,587)
Other income, net 776 119 194
Net loss $ (49,784) $ (36,375) $ (26,088)
Net loss per common share (basic and diluted) (in dollars per share) $ (2.26) $ (2.22) $ (3.31)
Weighted-average shares outstanding (basic and diluted) 22,019,818 16,374,102 7,885,921
Other comprehensive income (loss):      
Unrealized ( loss) on investments $ (423) $ (56) $ (3)
Total comprehensive loss $ (50,207) $ (36,431) $ (26,091)