Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Operations and Comprehensive Loss

v3.5.0.2
Condensed Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Operating expenses:        
Research and development $ 4,131 $ 4,260 $ 8,559 $ 8,447
General and administrative 2,215 2,285 4,676 4,874
Total operating expenses 6,346 6,545 13,235 13,321
Loss from operations (6,346) (6,545) (13,235) (13,321)
Other income (expense):        
Interest income 48 26 101 53
Interest expense (336) (165) (668) (319)
Other (expense) income, net (358) 5,327 (38) 9,902
Net loss (6,992) (1,357) (13,840) (3,685)
Net loss (6,992) (1,357) (13,840) (3,685)
Other comprehensive (loss) income:        
Unrealized (loss) gain on marketable securities, net of tax (4) (6) 16 1
Other comprehensive (loss) income (4) (6) 16 1
Comprehensive loss $ (6,996) $ (1,363) $ (13,824) $ (3,684)
Basic net loss per common share $ (0.30) $ (0.09) $ (0.59) $ (0.24)
Diluted net loss per common share $ (0.30) $ (0.09) $ (0.59) $ (0.88)
Weighted average common shares outstanding used to calculate basic net loss per common share 23,447,003 15,258,363 23,447,003 15,179,404
Weighted average common shares outstanding used to calculate diluted net loss per common share 23,447,003 15,258,363 23,447,003 15,427,832