Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Operations and Comprehensive Loss

v3.7.0.1
Condensed Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Collaboration revenue     $ 4,793  
Operating expenses:        
Research and development $ 4,044 $ 4,131 8,085 $ 8,559
General and administrative 3,582 2,215 7,283 4,676
Total operating expenses 7,626 6,346 15,368 13,235
Loss from operations (7,626) (6,346) (10,575) (13,235)
Other income (expense):        
Interest income 44 48 81 101
Interest expense (283) (336) (588) (668)
Other income (expense), net (1,064) (358) (3,198) (38)
Net loss (8,929) (6,992) (14,280) (13,840)
Net loss (8,929) (6,992) (14,280) (13,840)
Other comprehensive income (loss):        
Unrealized gain (loss) on marketable securities, net of tax 1 (4)   16
Other comprehensive income (loss): 1 (4)   16
Comprehensive loss $ (8,928) $ (6,996) $ (14,280) $ (13,824)
Basic net loss per common share $ (0.31) $ (0.30) $ (0.52) $ (0.59)
Diluted net loss per common share $ (0.31) $ (0.30) $ (0.52) $ (0.59)
Weighted average common shares outstanding used to calculate basic net loss per common share 28,752,451 23,447,003 27,687,110 23,447,003
Weighted average common shares outstanding used to calculate diluted net loss per common share 28,752,451 23,447,003 27,687,110 23,447,003