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Condensed Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Operating expenses:        
Research and development $ 13,498 $ 7,247 $ 32,987 $ 21,846
General and administrative 4,214 5,672 13,878 14,960
Total operating expenses 17,712 12,919 46,865 36,806
Loss from operations (17,712) (12,919) (46,865) (36,806)
Interest expense. (89) (130) (298) (399)
Other income, net 399 248 1,141 543
Net loss $ (17,402) $ (12,801) $ (46,022) $ (36,662)
Net loss per common share (basic and diluted) (in dollars per share) $ (0.77) $ (0.57) $ (2.04) $ (1.68)
Weighted-average shares outstanding (basic and diluted) 22,550,438 22,494,075 22,541,137 21,854,685
Other comprehensive loss:        
Unrealized gain (loss) on investments $ (96) $ 71 $ 504 $ 70
Total comprehensive loss $ (17,498) $ (12,730) $ (45,518) $ (36,592)