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Selected quarterly financial data (unaudited) (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2016

 

 

First

    

Second

    

Third

    

Fourth

    

 

 

 

Quarter

 

Quarter

 

Quarter

 

Quarter

 

Total

 

 

(in thousands, except per share data)

 

Collaboration revenue

$

4,830

 

$

3,720

 

$

3,308

 

$

2,362

 

$

14,220

 

Total operating expenses

 

12,297

 

 

13,338

 

 

13,679

 

 

16,205

 

 

55,519

 

Loss from operations

 

(7,467)

 

 

(9,618)

 

 

(10,371)

 

 

(13,843)

 

 

(41,299)

 

Net loss attributable to common shareholders

 

(7,188)

 

 

(9,335)

 

 

(8,996)

 

 

(14,674)

 

 

(40,193)

 

Net loss per share applicable to common stockholders – basic and diluted

$

(0.29)

 

$

(0.37)

 

$

(0.35)

 

$

(0.57)

 

$

(1.59)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

 

First

    

Second

    

Third

    

Fourth

    

 

 

 

Quarter

 

Quarter

 

Quarter

 

Quarter

 

Total

 

 

(in thousands, except per share data)

 

Collaboration revenue

$

2,576

 

$

4,884

 

$

4,937

 

$

4,937

 

$

17,334

 

Total operating expenses

 

7,404

 

 

8,851

 

 

8,956

 

 

12,377

 

 

37,588

 

Loss from operations

 

(4,828)

 

 

(3,967)

 

 

(4,019)

 

 

(7,440)

 

 

(20,254)

 

Net loss attributable to common shareholders

 

(15,813)

 

 

(6,746)

 

 

(6,914)

 

 

(8,817)

 

 

(38,290)

 

Net loss per share applicable to common stockholders – basic and diluted

$

(15.81)

 

$

(5.80)

 

$

(5.25)

 

$

(0.67)

 

$

(9.14)