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STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Product sales $ 0 $ 0 $ 143 $ 0
Licensing and royalty revenues 20 19 40 33
Total revenues 20 19 183 33
Costs and expenses:        
Research and development 8,062 7,126 15,416 12,856
Sales, general and administrative 9,239 4,755 16,676 7,622
Amortization 3 3 5 5
Depreciation 605 403 1,147 729
Total costs and expenses 17,909 12,287 33,244 21,212
Loss from operations (17,889) (12,268) (33,061) (21,179)
Interest expense and other 0 (2) 0 (3)
Foreign currency exchange loss (117) 0 (73) 0
Interest and dividend income 140 18 194 33
Total other income 23 16 121 30
Net loss $ (17,866) $ (12,252) $ (32,940) $ (21,149)
Basic and diluted net loss per share (dollars per share) $ (0.35) $ (0.27) $ (0.64) $ (0.47)
Weighted average shares outstanding (shares) 51,213 44,678 51,205 44,664
Other comprehensive loss:        
Net loss $ (17,866) $ (12,252) $ (32,940) $ (21,149)
Net unrealized gain (loss) on available-for-sale investments 29 (8) 81 (4)
Foreign currency translation adjustment 49 0 0 0
Comprehensive loss $ (17,788) $ (12,260) $ (32,859) $ (21,153)