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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues        
License revenue $ 6,555 $ 2,245 $ 7,010 $ 2,573
Reagent sales   107   166
Grant revenue 7 23 7 29
Total revenues 6,562 2,375 7,017 2,768
Costs of revenues        
Licensing costs 1,311 449 1,402 515
Costs of reagent sales 6 49 6 79
Research and development 13,917 10,680 30,536 16,863
General and administrative 6,355 6,169 12,977 11,648
Other operating expenses (income) 29 (20) 74 (134)
Total operating expenses 21,618 17,327 44,995 28,971
Loss from operations (15,056) (14,952) (37,978) (26,203)
Other Income        
Investment income 583 515 1,512 998
Total other income 583 515 1,512 998
Net loss (14,473) (14,437) (36,466) (25,205)
Other Comprehensive Income (Loss)        
Unrealized gain (loss) on available-for-sale securities,net of reclassifications of $480 for the six months ended June 30, 2017 (74) 246 (613) 1,240
Total other comprehensive income (loss) (74) 246 (613) 1,240
Comprehensive loss (14,547) (14,191) (37,079) (23,965)
Net loss applicable to common stockholders $ (14,473) $ (14,437) $ (36,466) $ (25,205)
Basic and diluted net loss per common share $ (0.47) $ (0.55) $ (1.27) $ (0.96)
Weighted-average basic and diluted common shares 30,662 26,362 28,678 26,344