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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenue:        
Collaboration and license revenue $ 3,704 $ 3,794 $ 13,352 $ 46,715
Grant revenue 90   131 88
Total revenue 3,794 3,794 13,483 46,803
Operating expenses:        
Research and development 24,454 19,046 66,464 66,855
General and administrative 8,458 8,556 24,982 26,255
Amortization of intangible assets 145 138 413 415
Total operating expenses 33,057 27,740 91,859 93,525
Loss from operations (29,263) (23,946) (78,376) (46,722)
Interest income 998 566 2,428 1,540
Other loss, net (129) (1) (197) (32)
Loss before income tax (28,394) (23,381) (76,145) (45,214)
Income tax (benefit) provision (3,874) 11,670 (10,414) 16,368
Net loss $ (24,520) $ (35,051) $ (65,731) $ (61,582)
Net loss per common share, basic and diluted $ (0.33) $ (0.54) $ (0.92) $ (0.96)
Shares used in computing net loss per common share, basic and diluted 75,167,334 65,134,102 71,529,043 64,472,947