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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Operating expenses:        
Research and development $ 34,996 $ 27,045 $ 66,755 $ 35,137
General and administrative 4,571 920 12,527 2,657
Total operating expenses 39,567 27,965 79,282 37,794
Loss from operations (39,567) (27,965) (79,282) (37,794)
Other income (expense):        
Interest expense (239) (93) (906) (93)
Interest income 10   10  
Change in fair value of warrant liability (2,426) 2 (5,509) 2
Change in fair value of derivative liability   (129) 512 (105)
Change in fair value of contingent equity liability     (13,082)  
Loss from equity method investment (638) (75) (1,204) (75)
Total other income (expense), net (3,293) (295) (20,179) (271)
Loss before provision for income taxes (42,860) (28,260) (99,461) (38,065)
Provision for income taxes 55   647  
Net loss and comprehensive loss (42,915) (28,260) (100,108) (38,065)
Net (income) loss attributable to non-controlling interests   50   69
Accretion of beneficial conversion feature on Series A preferred shares     (12,006)  
Net loss attributable to common shareholders of Biohaven Pharmaceutical Holding Company Ltd. $ (42,915) $ (28,210) $ (112,114) $ (37,996)
Net loss per share attributable to common shareholders of Biohaven Pharmaceutical Holding Company Ltd.-basic and diluted $ (1.19) $ (2.16) $ (4.47) $ (3.05)
Weighted average common shares outstanding-basic and diluted 35,930,698 13,050,446 25,102,920 12,447,153