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Condensed Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Total revenues $ 483 $ 3,834 $ 972 $ 8,034
Operating expenses:        
Research and development 18,007 19,201 34,772 32,628
General and administrative 3,664 5,814 8,767 9,458
Total operating expenses 21,671 25,015 43,539 42,086
Loss from operations (21,188) (21,181) (42,567) (34,052)
Other income (expense):        
Interest and other income 180 151 372 351
Interest and other expense (90) (7) (114) (16)
Loss from valuation of convertible note payable 0 0 0 (1,811)
Loss before income taxes (21,098) (21,037) (42,309) (35,528)
Income tax benefit 8 2 13 6
Net loss (21,090) (21,035) (42,296) (35,522)
Other comprehensive loss:        
Unrealized gain (loss) on short-term investments, net 9 (2) 50 55
Comprehensive loss $ (21,081) $ (21,037) $ (42,246) $ (35,467)
Net loss per share, basic and diluted (in dollars per share) $ (0.40) $ (0.41) $ (0.80) $ (0.70)
Weighted average shares used to compute basic and diluted net loss per share (in shares) 52,782,643 51,073,488 52,746,657 50,575,096
Strategic Alliances and Collaborations        
Revenues:        
Total revenues $ 483 $ 3,834 $ 972 $ 8,034