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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenue:        
Government contracts $ 102 $ 6,307 $ 2,182 $ 29,273
Research and development collaborations 3,129 218 7,772 1,124
Total revenue 3,231 6,525 9,954 30,397
Expenses:        
Research and development 52,983 30,664 186,839 86,740
General and administrative 13,556 9,060 38,183 21,991
Total expenses 66,539 39,724 225,022 108,731
Loss from operations (63,308) (33,199) (215,068) (78,334)
Other income (expense):        
Investment income 554 194 1,701 450
Interest expense (3,511) (64) (9,457) (126)
Other income (expense) 11 (51) (33) (121)
Net loss $ (66,254) $ (33,120) $ (222,857) $ (78,131)
Basic and diluted net loss per share $ (0.24) $ (0.12) $ (0.82) $ (0.3)
Basic and diluted weighted average number of common shares outstanding 271,064 269,554 270,669 259,703