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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Condensed Consolidated Statements of Operations and Comprehensive Loss    
Collaboration revenue $ 942 $ 1,464
Operating expenses:    
Research and development 14,853 14,072
General and administrative 7,182 4,914
Total operating expenses 22,035 18,986
Operating loss (21,093) (17,522)
Other income:    
Interest income 588 253
Other income 399 395
Total other income 987 648
Loss before income taxes (20,106) (16,874)
Income tax benefit 180 226
Net loss (19,926) (16,648)
Other comprehensive income    
Net unrealized gain on available-for-sale-securities, net of tax expense of $244 for the three months ended March 31, 2017 120 377
Total other comprehensive income 120 377
Comprehensive loss $ (19,806) $ (16,271)
Net loss per share, basic and diluted $ (0.63) $ (0.65)
Weighted-average common shares outstanding, basic and diluted 31,759,870 25,791,591