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CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
REVENUE:        
Product Development and Licensing Agreements $ 377 $ 284 $ 1,053 $ 518
Contracts and Grants 649 817 2,636 1,591
Total Revenue 1,026 1,101 3,689 2,109
OPERATING EXPENSE:        
Research and Development 24,656 26,185 76,271 77,355
General and Administrative 8,487 5,004 22,761 14,373
Amortization of Acquired Intangible Assets 254 254 760 760
Total Operating Expense 33,397 31,443 99,792 92,488
Operating Loss (32,371) (30,342) (96,103) (90,379)
Investment and Other Income, Net 391 2,260 1,590 4,121
Net Loss $ (31,980) $ (28,082) $ (94,513) $ (86,258)
Basic and Diluted Net Loss Per Common Share (Note 3) (in dollars per share) $ (0.32) $ (0.31) $ (0.98) $ (0.97)
Shares Used in Calculating Basic and Diluted Net Loss per Share (Note 3) (in shares) 98,568 89,404 96,518 89,346
COMPREHENSIVE LOSS:        
Net Loss $ (31,980) $ (28,082) $ (94,513) $ (86,258)
Other Comprehensive (Loss) Income:        
Foreign Currency Translation Adjustments   (3) 15 (4)
Unrealized Gain (Loss) on Marketable Securities 124 (121) (45) (40)
Comprehensive Loss $ (31,856) $ (28,206) $ (94,543) $ (86,302)