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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Collaboration agreements $ 3,592 $ 7,801 $ 7,303 $ 20,472
Research grants 110 557 341 1,377
Total revenues 3,702 8,358 7,644 21,849
Operating expenses:        
Research and development 19,454 15,618 34,720 30,598
General and administrative 11,090 5,017 16,447 9,749
Total operating expenses 30,544 20,635 51,167 40,347
Loss from operations (26,842) (12,277) (43,523) (18,498)
Interest and other income, net 243 151 430 305
Loss before income taxes (26,599) (12,126) (43,093) (18,193)
Benefit from income taxes 24   24 748
Net loss $ (26,575) $ (12,126) $ (43,069) $ (17,445)
Basic and diluted net loss per share $ (0.38) $ (0.17) $ (0.61) $ (0.25)
Shares used in computing basic and diluted net loss per share 70,487 69,684 70,430 69,485