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Condensed Statements of Operations and Comprehensive Income (Loss) (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenue:        
Licensing revenue $ 4,767 $ 1,989 $ 14,509 $ 5,967
Collaborative development revenue 2,831 4,604 10,775 14,473
Total revenue 7,598 6,593 25,284 20,440
Operating expenses:        
Research and development 5,694 6,584 18,514 19,757
General and administrative 1,823 895 4,401 2,830
Total operating expenses 7,517 7,479 22,915 22,587
Income (loss) from operations 81 (886) 2,369 (2,147)
Other expense, net (7) (13) (19) (42)
Change in fair value of preferred stock warrant liability     (1,593)  
Income (loss) before provision for income taxes 74 (899) 757 (2,189)
Provision for income taxes   35   106
Net income (loss) and comprehensive income (loss) 74 (934) 757 (2,295)
Net income (loss) attributable to common stockholders:        
Basic 74 (934)   (2,295)
Diluted $ 74 $ (934)   $ (2,295)
Shares used to compute net income (loss) per share attributable to common stockholders:        
Basic 18,374,277 1,156,446 7,476,642 1,100,885
Diluted 19,133,217 1,156,446 7,476,642 1,100,885
Net income (loss) per share attributable to common stockholders:        
Basic   $ (0.81)   $ (2.08)
Diluted   $ (0.81)   $ (2.08)