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Unaudited Condensed Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenue
Operating expenses:        
Research and development 4,803 10,488 13,334 22,125
General and administrative 2,989 3,420 5,827 6,552
Total operating expenses 7,792 13,908 19,161 28,677
Loss from operations (7,792) (13,908) (19,161) (28,677)
Other (expense) income:        
Interest expense related to amortization of debt issuance costs and discount (305) (390) (610) (780)
Interest expense on principal (1,232) (1,419) (2,461) (2,861)
Fair value adjustment related to derivative and warrant liability (21) 5,562 432 (4,179)
Interest and other income, net 84 123 235 238
Total other (expense) income (1,474) 3,876 (2,404) (7,582)
Loss before income taxes (9,266) (10,032) (21,565) (36,259)
Income tax benefit 9 39 17 47
Net loss $ (9,257) $ (9,993) $ (21,548) $ (36,212)
Net loss per share:        
Basic (in dollars per share) $ (0.33) $ (0.65) $ (0.78) $ (2.41)
Diluted (in dollars per share) $ (0.33) $ (0.91) $ (0.78) $ (2.41)
Weighted average number of shares of common stock outstanding:        
Basic (in shares) 28,386,119 15,317,536 27,548,657 15,056,161
Diluted (in shares) 28,386,119 16,548,751 27,548,657 15,056,161