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 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
CONDENSED STATEMENTS OF OPERATIONS        
Contract revenues from collaborations $ 900 $ 3,760 $ 4,484 $ 17,383
Costs and expenses:        
Research and development 10,808 16,171 34,708 51,812
General and administrative 7,947 4,558 23,177 13,755
Restructuring charges   5,770   5,770
Total costs and expenses 18,755 26,499 57,885 71,337
Loss from operations (17,855) (22,739) (53,401) (53,954)
Gain on disposal of assets     732  
Interest income 195 110 548 328
Net loss $ (17,660) $ (22,629) $ (52,121) $ (53,626)
Net loss per share, basic and diluted (in dollars per share) $ (0.14) $ (0.24) $ (0.43) $ (0.58)
Weighted average shares used in computing net loss per share, basic and diluted (in shares) 124,628 95,454 120,282 92,844