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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenue (note 4)        
Collaborations and contracts $ 2,310 $ 1,144 $ 5,830 $ 4,833
Licensing fees, milestone and royalty payments 1,130 667 2,292 1,408
Total revenue 3,440 1,811 8,122 6,241
Expenses        
Research, development, collaborations and contracts 9,690 9,298 20,247 17,502
General and administrative 7,662 1,787 10,378 3,837
Depreciation of property and equipment 147 $ 149 267 $ 283
Acquisition costs (note 3) 361   9,656  
Total expenses 17,860 $ 11,234 40,548 $ 21,622
Loss from operations (14,420) (9,423) (32,426) (15,381)
Other income (losses)        
Interest income 81 257 283 404
Foreign exchange gains (losses) (2,571) (2,728) 4,467 (1,285)
(Increase) decrease in fair value of warrant liability (note 2) 2,024 5,813 801 (7,803)
Net loss $ (14,886) $ (6,081) $ (26,875) $ (24,065)
Loss per common share        
Basic and diluted (in dollars per share) $ (0.27) $ (0.28) $ (0.64) $ (1.15)
Weighted average number of common shares        
Basic and diluted (in shares) 54,255,804 22,063,438 42,297,517 20,938,503
Comprehensive loss        
Cumulative translation adjustment $ 3,223 $ 3,774 $ (5,951) $ 1,616
Comprehensive loss $ (11,663) $ (2,307) $ (32,826) $ (22,449)