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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Operating expenses:        
Research and development (includes $679 and $814 of share-based compensation expense for the three months ended September 30, 2017 and 2016 and $1,539 and $1,789 for the six months ended September 30, 2017 and 2016, respectively) $ 24,170 $ 3,753 $ 41,878 $ 18,326
General and administrative (includes $2,070 and $1,336 of share-based compensation expense for the three months ended September 30, 2017 and 2016 and $3,411 and $2,982 for the six months ended September 30, 2017 and 2016, respectively) 6,141 2,967 10,323 5,529
Total operating expenses 30,311 6,720 52,201 23,855
Other expenses:        
Changes in the fair value of the warrant liability 0 27,984 0 29,817
Other (income) expense (138) 0 204 0
Loss before provision for income taxes (30,173) (34,704) (52,405) (53,672)
Income tax (benefit) expense (265) 8 820 11
Net loss $ (29,908) $ (34,712) $ (53,225) $ (53,683)
Net loss per common share — basic and diluted (in USD per share) $ (0.50) $ (0.82) $ (0.90) $ (1.29)
Weighted average common shares outstanding — basic and diluted (in shares) 59,459,500 42,512,254 59,353,966 41,646,657