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CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Research and development revenue   $ 1,072   $ 2,299
Costs and expenses:        
Research and development $ 4,983 4,337 $ 10,177 8,535
General and administrative 1,866 1,887 3,940 3,931
Total costs and expenses 6,849 6,224 14,117 12,466
Loss from operations (6,849) (5,152) (14,117) (10,167)
Interest income 37 52 59 86
Interest expense (389)   (719)  
Net loss (7,201) (5,100) (14,777) (10,081)
Unrealized gain (loss) on marketable securities (5)   (9) 29
Comprehensive loss $ (7,206) $ (5,100) $ (14,786) $ (10,052)
Basic and diluted net loss per share:        
Net loss per share (in dollars per share) $ (0.10) $ (0.07) $ (0.21) $ (0.15)
Weighted average basic and diluted common shares outstanding (in shares) 71,149 71,062 71,143 68,275