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STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:      
Collaboration revenue   $ 35,000  
License fees and royalties $ 6,162 1,371 $ 1,153
Total revenues 6,162 36,371 1,153
Operating expenses:      
Research and development 18,047 17,831 20,707
Restructuring charges   1,306  
General and administrative 18,761 17,793 16,758
Total operating expenses 36,808 36,930 37,465
Loss from operations (30,646) (559) (36,312)
Unrealized gain on derivatives   16 351
Interest and other income 1,192 677 373
Interest and other expense (83) (88) (82)
Net (loss) income $ (29,537) $ 46 $ (35,670)
Net (loss) income per share:      
Basic (in dollars per share) $ (0.19) $ 0.00 $ (0.23)
Diluted (in dollars per share) $ (0.19) $ 0.00 $ (0.23)
Shares used in computing net (loss) income per share:      
Basic (in shares) 159,045,644 158,036,162 153,540,341
Diluted (in shares) 159,045,644 162,663,894 153,540,341