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STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Costs and expenses:    
Research and development $ 3,246 $ 2,594
General and administrative 1,135 1,074
Total costs and expenses 4,381 3,668
Loss from operations (4,381) (3,668)
Interest and other income 45 21
Interest expense (2)  
Net loss (4,338) (3,647)
Change in unrealized loss on marketable securities 10 6
Comprehensive loss $ (4,328) $ (3,641)
Net loss per share:    
Basic and diluted $ (0.48) $ (0.40)
Weighted average shares outstanding:    
Basic and diluted 9,094,276 9,053,186