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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating expenses:    
Research and development (includes $860 and $975 of share-based compensation expense for the three months ended June 30, 2017 and 2016, respectively) $ 17,708 $ 14,573
General and administrative (includes $1,341 and $1,646 of share-based compensation expense for the three months ended June 30, 2017 and 2016, respectively) 4,182 2,562
Total operating expenses 21,890 17,135
Other expenses:    
Changes in the fair value of the warrant liability 0 1,832
Other expense 342 0
Loss before provision for income taxes (22,232) (18,967)
Income tax expense 1,085 3
Net loss $ (23,317) $ (18,970)
Net loss per common share — basic and diluted (in USD per share) $ (0.39) $ (0.47)
Weighted average common shares outstanding — basic and diluted (in shares) 59,247,273 40,771,548