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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue:        
Collaboration revenue $ 0 $ 277 $ 0 $ 506
License revenue 0 0 425 0
Total revenue 0 277 425 506
Operating expenses:        
Research and development 2,909 3,298 5,783 7,930
General and administrative 2,241 3,471 4,454 5,618
Loss from change in fair value of contingent consideration 2,200 0 3,700 0
Total operating expenses 7,350 6,769 13,937 13,548
Loss from operations (7,350) (6,492) (13,512) (13,042)
Other income (expense):        
Other income, net 34 1 135 139
Loss on extinguishment of debt 0 0 0 (915)
Interest expense 0 0 0 (247)
Total other income (expense), net 34 1 135 (1,023)
Net loss and comprehensive loss $ (7,316) $ (6,491) $ (13,377) $ (14,065)
Net loss per share — basic and diluted (in dollars per share) $ (0.30) $ (0.33) $ (0.54) $ (0.71)
Weighted-average number of common shares used in net loss per share — basic and diluted (in shares) 24,685 19,874 24,648 19,756