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Consolidated and Combined Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating expenses:      
Research and development $ 56,514 $ 41,618 $ 15,446
General and administrative 24,728 16,830 12,710
Total operating expenses 81,242 58,448 28,156
Loss from operations (81,242) (58,448) (28,156)
Interest and other income, net 2,203 1,218 125
Loss before provision (benefit) for income taxes (79,039) (57,230) (28,031)
Provision (benefit) for income taxes 10 (9) (25)
Net loss (79,049) (57,221) (28,006)
Other comprehensive gain (loss):      
Unrealized gain (loss) on available-for-sale securities 335 (418) (100)
Comprehensive loss $ (78,714) $ (57,639) $ (28,106)
Net loss per common share:      
Basic and diluted net loss per common share $ (2.75) $ (2.24) $ (5.62)
Weighted-average common shares outstanding used to calculate basic and diluted net loss per common share 28,732 25,583 4,986