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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, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
REVENUE:        
Product Development and Licensing Agreements $ 493 $ 377 $ 1,551 $ 1,053
Contracts and Grants 1,727 649 3,362 2,636
Total Revenue 2,220 1,026 4,913 3,689
OPERATING EXPENSE:        
Research and Development 25,009 24,656 78,168 76,271
General and Administrative 6,950 8,487 24,049 22,761
Amortization of Acquired Intangible Assets 254 254 760 760
Total Operating Expense 32,213 33,397 102,977 99,792
Operating Loss (29,993) (32,371) (98,064) (96,103)
Investment and Other Income, Net 395 391 1,841 1,590
Net Loss $ (29,598) $ (31,980) $ (96,223) $ (94,513)
Basic and Diluted Net Loss Per Common Share (in dollars per share) (Note 3) $ (0.29) $ (0.32) $ (0.97) $ (0.98)
Shares Used in Calculating Basic and Diluted Net Loss per Share (in shares) (Note 3) 100,672 98,568 99,398 96,518
COMPREHENSIVE LOSS:        
Net Loss $ (29,598) $ (31,980) $ (96,223) $ (94,513)
Other Comprehensive (Loss) Income:        
Foreign Currency Translation Adjustments       15
Unrealized Gain (Loss) on Marketable Securities (113) 124 303 (45)
Comprehensive Loss $ (29,711) $ (31,856) $ (95,920) $ (94,543)