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Condensed Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating expenses:      
Research and development $ 147,603 $ 57,868 $ 29,802
General and administrative 21,379 18,282 20,238
Total operating expenses 168,982 76,150 50,040
Loss from operations (168,982) (76,150) (50,040)
Interest expense (198) (376) (520)
Other income, net 2,192 1,548 776
Net loss $ (166,988) $ (74,978) $ (49,784)
Net loss per common share (basic and diluted) (in dollars per share) $ (6.98) $ (3.33) $ (2.26)
Weighted-average shares outstanding (basic and diluted) 23,933,273 22,544,475 22,019,818
Other comprehensive loss:      
Unrealized (loss) gain on investments $ (673) $ 310 $ (423)
Total comprehensive loss $ (167,661) $ (74,668) $ (50,207)