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Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Research premium and grant revenue $ 1,468 $ 971 $ 4,197 $ 4,175
Operating expenses:        
Research and development (12,668) (12,058) (36,371) (35,037)
General and administrative (9,525) (2,992) (19,313) (9,445)
Total operating expenses (22,193) (15,050) (55,684) (44,482)
Loss from operations (20,725) (14,079) (51,487) (40,307)
Other income (expense):        
Other income (expense), net 301 50 391 404
Interest income 69 92 302 234
Interest expense (42) (35) (46) (35)
Loss before income taxes (20,397) (13,972) (50,840) (39,704)
Income tax benefit (expense) (1,872) (28) (1,254) 1
Net loss (22,269) (14,000) (52,094) (39,703)
Other comprehensive income (loss), net of tax        
Unrealized gains on available-for-sale securities 69 34 43 67
Other comprehensive income, net of tax 69 34 43 67
Comprehensive loss $ (22,200) $ (13,966) $ (52,051) $ (39,636)
Loss per share        
Basic and Diluted (in dollars per share) $ (0.79) $ (0.66) $ (1.89) $ (1.87)
Weighted average number of shares:        
Basic and Diluted (in shares) 28,147,226 21,276,610 27,517,267 21,236,260