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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
Revenue $ 28,650 $ 67 $ 29,156 $ 425
Operating expenses:        
Research and development 2,754 6,745 10,684 18,252
General and administrative 6,366 2,681 11,984 7,531
Total operating expenses 9,120 9,426 22,668 25,783
Income (loss) from operations 19,530 (9,359) 6,488 (25,358)
Other income (expense):        
Other income (loss), net (43) 73 96 3,207
Loss on extinguishment of debt 0 0 (915) 0
Interest expense 0 (407) (247) (972)
Total other income (expense), net (43) (334) (1,066) 2,235
Net income (loss) and comprehensive income (loss) $ 19,487 $ (9,693) $ 5,422 $ (23,123)
Net income (loss) per share — basic (in dollars per share) $ 0.95 $ (0.50) $ 0.27 $ (1.23)
Weighted-average number of common shares used in net income (loss) per share — basic (in shares) 20,495 19,345 20,004 18,806
Net income (loss) per share — diluted (in dollars per share) $ 0.91 $ (0.50) $ 0.26 $ (1.23)
Weighted-average number of common shares used in net income (loss) per share — diluted (in shares) 21,423 19,345 20,796 18,806