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Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue:        
Collaboration revenue (note 8) $ 412 $ 4,044 $ 981 $ 8,054
Royalties 1 2 33 2
Revenues 413 4,046 1,014 8,056
Operating expenses:        
Research and development 5,103 3,669 9,467 7,096
General and administrative 1,676 178 3,571 6,898
Total operating expenses 6,779 3,847 13,038 13,994
Income (loss) from operations (6,366) 199 (12,024) (5,938)
Other income (expense):        
Interest income 123 163 222 315
Foreign exchange gain (loss) 227 806 2,523 (2,365)
Net income (loss) and comprehensive income (loss) $ (6,016) $ 1,168 $ (9,279) $ (7,988)
Net income (loss) per common share (note 4):        
Basic $ (0.42) $ 0.08 $ (0.64) $ (0.56)
Diluted $ (0.42) $ (0.07) $ (0.65) $ (0.56)
Weighted-average common shares outstanding (note 4):        
Basic 14,408,108 14,241,827 14,401,054 14,227,203
Diluted 14,434,602 15,129,978 14,428,160 14,227,203