Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF OPERATIONS

v3.8.0.1
CONDENSED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
CONDENSED STATEMENTS OF OPERATIONS    
Contract revenues from collaborations   $ 3,584
Costs and expenses:    
Research and development $ 11,242 12,376
General and administrative 13,492 7,410
Total costs and expenses 24,734 19,786
Loss from operations (24,734) (16,202)
Interest income 349 156
Gain on disposal of assets   732
Net loss $ (24,385) $ (15,314)
Net loss per share, basic and diluted (in dollars per share) $ (0.17) $ (0.13)
Weighted average shares used in computing net loss per share, basic and diluted (in shares) 147,114 113,598