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Condensed Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Operating expenses:        
Research and development $ 22,172 $ 20,019 $ 56,218 $ 39,800
General and administrative 5,496 5,499 11,065 10,726
Total operating expenses 27,668 25,518 67,283 50,526
Loss from operations (27,668) (25,518) (67,283) (50,526)
Other income (expense):        
Interest expense (829) (800) (1,641) (1,591)
Other income (expense) 219 364 486 671
Loss on debt extinguishment   (696)   (696)
Total other income/ (expense), net (610) (1,132) (1,155) (1,616)
Net loss (28,278) (26,650) (68,438) (52,142)
Comprehensive loss:        
Net loss (28,278) (26,650) (68,438) (52,142)
Net unrealized gain (loss) on investment securities 7 47 31 312
Comprehensive loss $ (28,271) $ (26,603) $ (68,407) $ (51,830)
Net loss per share:        
Net loss per share – basic and diluted $ (0.56) $ (0.70) $ (1.49) $ (1.48)
Weighted average shares outstanding – basic and diluted 50,062 38,198 45,918 35,271