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Statement of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]        
Collaboration revenue $ 3,720 $ 4,884 $ 8,550 $ 7,460
Operating Expenses [Abstract]        
Research and development 10,484 6,455 19,216 11,978
General and administrative 2,854 2,396 6,419 4,277
Total operating expenses 13,338 8,851 25,635 16,255
Operating loss (9,618) (3,967) (17,085) (8,795)
Other expense, net        
Interest income (expense), net 433 73 898 73
Other financing expense (150) (1) (336) (9,750)
Total other expense, net 283 72 562 (9,677)
Net loss (9,335) (3,895) (16,523) (18,472)
Other comprehensive loss        
Net unrealized loss on available for-sale securities 30 (20) 311 (20)
Total other comprehensive loss 30 (20) 311 (20)
Comprehensive loss (9,305) (3,915) (16,212) (18,492)
Reconciliation of net loss to net loss attributable to common stockholder:        
Accretion of redeemable convertible preferred stock to redemption value   (2,452)   (3,451)
Accrued dividends on series A preferred stock   (399)   (636)
Net loss attributable to common stockholders $ (9,335) $ (6,746) $ (16,523) $ (22,559)
Net loss per share attributable to common stock, basic and diluted $ (0.37) $ (5.94) $ (0.66) $ (21.34)
Weighted-average common shares outstanding, basic and diluted 25,228,405 1,135,101 25,152,587 1,057,197