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Condensed Statements of Operations and Comprehensive Loss (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
Revenues:        
Total revenues $ 1,083 $ 6,118 $ 3,450 $ 14,115
Operating expenses:        
Research and development 10,173 7,106 30,572 21,710
General and administrative 2,569 1,917 8,255 5,545
Total operating expenses 12,742 9,023 38,827 27,255
Loss from operations (11,659) (2,905) (35,377) (13,140)
Other income (expense):        
Interest and other income 86 72 283 207
Interest expense (10) (7) (31) (25)
Gain (loss) from valuation of convertible note payable 1,785 671 614 (3,787)
Loss before income taxes (9,798) (2,169) (34,511) (16,745)
Income tax (benefit) expense   (5) 1 (4)
Net loss (9,798) (2,164) (34,512) (16,741)
Other comprehensive loss:        
Unrealized (loss) gain on short-term investments, net (24) 37 (50) 8
Comprehensive loss (9,822) (2,127) (34,562) (16,733)
Net loss per share:        
Basic $ (0.23) $ (0.05) $ (0.80) $ (0.45)
Diluted $ (0.26) $ (0.07) $ (0.80) $ (0.45)
Weighted average shares used to compute net loss per share:        
Basic 43,406,251 40,154,812 43,155,601 37,367,368
Diluted 44,855,463 41,555,660 43,155,601 37,367,368
Strategic Alliances and Collaborations
       
Revenues:        
Total revenues $ 1,083 $ 6,118 $ 3,450 $ 14,115