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Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues      
License revenue $ 4,303 $ 5,025 $ 4,355
License revenue from related party   2,000 220
Reagent sales 213 257 326
Grant revenue 73 306 1,219
Total revenues 4,589 7,588 6,120
Costs of revenues      
Licensing costs (including amounts to related parties) 861 1,405 885
Costs of reagent sales (including amounts to related parties) 98 98 122
Research and development (including amounts to related parties) 45,482 17,279 4,961
General and administrative (including amounts to related parties) 23,590 11,912 3,851
Other operating expenses (income) (102) 31 (17)
Total operating expenses 69,929 30,725 9,802
Loss from operations (65,340) (23,137) (3,682)
Other Income (Expense)      
Investment income 1,938 346  
Interest expense   (20) (321)
Total other income (expense) 1,938 326 (321)
Loss before income taxes (63,402) (22,811) (4,003)
Income Tax Benefit 435 0 0
Net loss (62,967) (22,811) (4,003)
Other Comprehensive Income (Loss)      
Unrealized gain (loss) on available-for-sale securities, net of income tax expense of $435 for the year ended December 31, 2016 686 (719)  
Total other comprehensive income (loss) 686 (719)  
Comprehensive loss (62,281) (23,530) (4,003)
Reconciliation of net loss to net loss applicable to common stockholders      
Net loss (62,967) (22,811) (4,003)
Net accretion and dividends on convertible preferred stock   (1,747) (815)
Net gain on extinguishment of convertible preferred stock   759  
Net loss applicable to common stockholders $ (62,967) $ (23,799) $ (4,818)
Basic and diluted net loss per common share $ (2.38) $ (2.59) $ (1.82)
Weighted-average basic and diluted common shares 26,409 9,173 2,643