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v3.6.0.2

Consolidated Statements of Operations - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014
Revenue: |  |  |
Licensing revenue |  | $ 21,611 | $ 18,394
Collaborative development revenue |  | 2,415 | 13,229
Total revenue |  | 24,026 | 31,623
Operating expenses: |  |  |
Research and development | $ 94,161 | 39,885 | 25,900
General and administrative | 18,734 | 13,530 | 7,287
Total operating expenses | 112,895 | 53,415 | 33,187
Loss from operations | (112,895) | (29,389) | (1,564)
Other income (expense), net | 508 | (261) | 10
Change in fair value of preferred stock warrant liability |  |  | (1,593)
Loss before provision for income taxes | (112,387) | (29,650) | (3,147)
Benefit from (Provision for) income taxes |  | 29 | (67)
Net loss | $ (112,387) | $ (29,621) | $ (3,214)
Net loss per common share, basic and diluted | $ (2.80) | $ (1.29) | $ (0.31)
Weighted-average number of common shares used in net loss per share, basic and diluted | 40,118,522 | 22,892,640 | 10,248,337

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- Definition The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. + References No definition available. + Details
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- Definition Revenue earned during the period relating to consideration received from another party for the right to use, but not own, certain of the entity's intangible assets. Licensing arrangements include, but are not limited to, rights to use a patent, copyright, technology, manufacturing process, software or trademark. Licensing fees are generally, but not always, fixed as to amount and not dependent upon the revenue generated by the licensing party. An entity may receive licensing fees for licenses that also generate royalty payments to the entity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1(e)) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
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