Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF OPERATIONS

v3.7.0.1
CONDENSED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
CONDENSED STATEMENTS OF OPERATIONS    
Contract revenues from collaborations $ 3,584 $ 5,029
Costs and expenses:    
Research and development 12,376 18,173
General and administrative 7,410 4,423
Total costs and expenses 19,786 22,596
Loss from operations (16,202) (17,567)
Gain on disposal of assets 732  
Interest income 156 103
Net loss $ (15,314) $ (17,464)
Net loss per share, basic and diluted (in dollars per share) $ (0.13) $ (0.19)
Weighted average shares used in computing net loss per share, basic and diluted (in shares) 113,598 90,555