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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenue:        
Government contracts $ 0 $ 102 $ 0 $ 2,182
Research and development collaborations 8,352 3,129 20,764 7,772
Total revenue 8,352 3,231 20,764 9,954
Expenses:        
Research and development 41,862 52,983 118,779 186,839
General and administrative 8,118 13,556 25,911 38,183
Total expenses 49,980 66,539 144,690 225,022
Loss from operations (41,628) (63,308) (123,926) (215,068)
Other income (expense):        
Investment income 531 554 1,528 1,701
Interest expense (3,520) (3,511) (10,549) (9,457)
Other income (expense) 10 11 20 (33)
Net loss $ (44,607) $ (66,254) $ (132,927) $ (222,857)
Basic and diluted net loss per share $ (0.15) $ (0.24) $ (0.47) $ (0.82)
Basic and diluted weighted average number of common shares outstanding 296,435 271,064 284,767 270,669