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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 $ 0 $ 0 $ 0 $ 0
Operating expenses        
Research and development 2,313 992 4,520 2,149
General and administrative 681 520 2,287 1,873
Total operating expenses 2,994 1,512 6,807 4,022
Net operating loss (2,994) (1,512) (6,807) (4,022)
Other income        
Change in fair value of warrant liability 1,420 0 1,420 0
Interest income 4 4 8 14
Total other income 1,424 4 1,428 14
Net loss $ (1,570) $ (1,508) $ (5,379) $ (4,008)
Net loss per share, basic and diluted $ (0.02) $ (0.02) $ (0.06) $ (0.04)
Basic and diluted weighted average number of common shares outstanding 95,645 89,763 91,724 89,763