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STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
REVENUE:      
Product Development and Licensing Agreements $ 2,174 $ 1,442 $ 838
Contracts and Grants 4,612 4,038 2,748
Total Revenue 6,786 5,480 3,586
OPERATING EXPENSE:      
Research and Development 102,726 100,171 104,381
General and Administrative 35,979 33,837 20,622
Amortization of Acquired Intangible Assets 997 1,013 1,013
Total Operating Expense 139,702 135,021 126,016
Operating Loss (132,916) (129,541) (122,430)
Investment and Other Income, Net 4,386 2,344 4,350
Net Loss $ (128,530) $ (127,197) $ (118,080)
Basic and Diluted Net Loss Per Common Share (in dollars per share) $ (1.27) $ (1.31) $ (1.32)
Shares Used in Calculating Basic and Diluted Net Loss per Share (in shares) 101,529 97,051 89,399
COMPREHENSIVE LOSS:      
Net Loss $ (128,530) $ (127,197) $ (118,080)
Other Comprehensive Income (Loss):      
Foreign Currency Translation Adjustments   15 (5)
Unrealized Gain (Loss) on Marketable Securities 234 (298) (73)
Comprehensive Loss $ (128,296) $ (127,480) $ (118,158)