|
Condensed Statements of Operations and Comprehensive Loss (USD $)
In Thousands, except Share data, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 31, 2014
|
Dec. 31, 2013
|
Dec. 31, 2012
|
|
| OPERATING EXPENSES: | |||
| Research and development | $ 45,719 | $ 60,536 | $ 54,961 |
| General and administrative | 13,674 | 6,829 | 9,469 |
| Loss from operations | (59,393) | (67,365) | (64,430) |
| OTHER (EXPENSE) INCOME: | |||
| Other (expense) income, net | (510) | 9,085 | (2,095) |
| Loss on retirement of note payable | (203) | ||
| Interest income | 94 | 30 | 64 |
| Interest expense | (2,467) | (2,440) | (2,667) |
| NET LOSS | (62,479) | (60,690) | (69,128) |
| OTHER COMPREHENSIVE LOSS, NET OF TAX: | |||
| Unrealized loss from available-for-sale securities | (21) | (5) | |
| COMPREHENSIVE LOSS | (62,500) | (60,690) | (69,133) |
| LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS - BASIC AND DILUTED (Note 12) | $ (71,479) | $ (78,161) | $ (83,120) |
| LOSS PER SHARE: | |||
| Basic and diluted (in dollars per share) | $ (4.04) | $ (203.91) | $ (225.71) |
| WEIGHTED AVERAGE SHARES: | |||
| Basic and diluted (in shares) | 17,699,487 | 383,310 | 368,261 |