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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues      
License revenue $ 10,385 $ 4,303 $ 5,025
License revenue from related party     2,000
Reagent sales   213 257
Grant revenue 8 73 306
Total revenues 10,393 4,589 7,588
Costs of revenues      
Licensing costs 1,703 861 1,405
Costs of reagent sales 6 98 98
Research and development 57,224 45,482 17,279
General and administrative 27,229 23,590 11,912
Other operating expenses (income) 116 (102) 31
Total operating expenses 86,278 69,929 30,725
Loss from operations (75,885) (65,340) (23,137)
Other Income (Expense)      
Investment income 2,716 1,938 346
Interest expense     (20)
Total other income (expense) 2,716 1,938 326
Loss before income taxes (73,169) (63,402) (22,811)
Income Tax Benefit 0 435 0
Net loss (73,169) (62,967) (22,811)
Other Comprehensive Income (Loss)      
Unrealized gain (loss) on available-for-sale securities, net of reclassifications and income tax expense (682) 686 (719)
Total other comprehensive income (loss) (682) 686 (719)
Comprehensive loss (73,851) (62,281) (23,530)
Reconciliation of net loss to net loss applicable to common stockholders      
Net loss (73,169) (62,967) (22,811)
Net accretion and dividends on convertible preferred stock     (1,747)
Net gain on extinguishment of convertible preferred stock     759
Net loss applicable to common stockholders $ (73,169) $ (62,967) $ (23,799)
Basic and diluted net loss per common share $ (2.45) $ (2.38) $ (2.59)
Weighted-average basic and diluted common shares 29,878 26,409 9,173