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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenue:      
Government contracts $ 33,344 $ 26,213 $ 17,708
Research and development collaborations 2,906 4,446 3,207
Total revenue 36,250 30,659 20,915
Expenses:      
Research and development 162,644 94,422 58,530
General and administrative 30,842 19,928 14,819
Total expenses 193,486 114,350 73,349
Loss from operations (157,236) (83,691) (52,434)
Other income (expense):      
Investment income 660 286 187
Interest expense (241) (157) (160)
Other income (expense), net (120) 0 182
Realized gains on marketable securities 0 615 0
Change in fair value of warrant liability 0 0 267
Loss from operations before income tax expense (156,937) (82,947) (51,958)
Income tax expense 0 0 25
Net loss $ (156,937) $ (82,947) $ (51,983)
Basic and diluted net loss per share (in dollars per share) $ (0.6) $ (0.37) $ (0.31)
Basic and diluted weighted average number of common shares outstanding (in shares) 262,248 225,848 169,658