XML 21 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenue:      
Licensing revenue $ 42,000   $ 21,611
Collaborative development revenue     2,415
Total revenue 42,000   24,026
Cost of revenue 8,400    
Gross profit 33,600   24,026
Operating expenses:      
Research and development 75,484 $ 94,161 39,885
General and administrative 23,231 18,734 13,530
Total operating expenses 98,715 112,895 53,415
Loss from operations (65,115) (112,895) (29,389)
Other income (expense), net 1,955 508 (261)
Loss before provision for income taxes (63,160) (112,387) (29,650)
Provision for (benefit from) income taxes 1,179   (29)
Net loss $ (64,339) $ (112,387) $ (29,621)
Net loss per common share, basic and diluted $ (1.36) $ (2.80) $ (1.29)
Shares used in computing net loss per share - basic and diluted 47,435,331 40,118,522 22,892,640
Comprehensive Loss:      
Net loss $ (64,339) $ (112,387) $ (29,621)
Unrealized loss on available-for-sale securities, net of tax 24 (71)  
Comprehensive loss $ (64,315) $ (112,458) $ (29,621)