Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF OPERATIONS

v3.7.0.1
STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
STATEMENTS OF OPERATIONS      
Contract revenues from collaborations $ 20,383 $ 28,895 $ 8,250
Costs and expenses:      
Research and development 63,446 62,825 67,696
General and administrative 20,908 17,813 22,501
Restructuring charges 5,770    
Loss on sublease     9,302
Total costs and expenses 90,124 80,638 99,499
Loss from operations (69,741) (51,743) (91,249)
Interest income 437 222 243
Gain on disposal of assets 88 57 98
Net loss $ (69,216) $ (51,464) $ (90,908)
Net loss per share, basic and diluted (in dollars per share) $ (0.73) $ (0.58) $ (1.04)
Weighted average shares used in computing net loss per share, basic and diluted (in shares) 94,387 88,434 87,662