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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Mar. 31, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue:        
Collaboration revenue - related party $ 3,004   $ 5,714  
Total revenue 3,004   5,714  
Operating expenses:        
Research and development expenses 22,174 $ 8,784 37,590 $ 14,345
General and administrative expenses 8,970 3,556 16,180 6,162
Total operating expenses 31,144 12,340 53,770 20,507
Loss from operations (28,140) (12,340) (48,056) (20,507)
Other income (expense):        
Interest income 495 151 763 199
Interest expense (268) (146) (324) (211)
Revaluation of preferred stock warrant liability   (220)   (7)
Total other income (expense), net 227 (215) 439 (19)
Net loss $ (27,913) $ (12,555) $ (47,617) $ (20,526)
Net loss per share attributable to common stockholders, basic and diluted $ (0.70) $ (1.45) $ (1.21) $ (2.64)
Weighted average common shares outstanding, basic and diluted 39,600,344 8,640,218 39,393,238 7,777,679
Other comprehensive income:        
Unrealized gain/(loss) on investments, net of tax of $0 $ (25) $ (8) $ 53 $ 23
Total other comprehensive income (25) (8) 53 23
Comprehensive loss $ (27,938) $ (12,563) $ (47,564) $ (20,503)