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Note 5 - Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2015
Notes Tables  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]
 
 
Three Months Ended
June 30
,
 
 
Six
Months Ended
June 30
,
 
 
 
2015
 
 
2014
 
 
2015
 
 
2014
 
                                 
Research and development
  $ 919     $ 446     $ 1,725     $ 1,708  
General and administrative
    2,222       634       3,966       2,341  
Stock-based compensation expense included in operating expenses
  $ 3,141     $ 1,080     $ 5,691     $ 4,049  
                                 
Impact on basic and diluted net loss per share
  $ 0.10     $ 0.04     $ 0.19     $ 0.17  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
 
 
June 30,
 
 
 
20
15
 
 
20
14
 
Risk-free interest rate
    1.7 %     2.0 %
Dividend yield
    0.0 %     0.0 %
Volatility
    91.0 %     104.0 %
Expected life (years)
    6       6  
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block]
 
 
June 30,
 
 
 
20
15
 
 
20
14
 
Risk-free interest rate
    0.1 %     0.1 %
Dividend yield
    0.0 %     0.0 %
Volatility
    59.1 %     58.9 %
Expected life (months)
    6       6  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
 
 
 
 
 
 
 
 
 
 
Weighted-
 
 
 
 
 
 
 
 
 
 
 
Average
 
 
 
 
 
 
 
Weighted-
 
 
Remaining
 
 
 
 
 
 
 
Average
 
 
Contractual
 
 
 
Shares
 
 
Exercise
 
 
Term
 
 
 
(in thousands)
 
 
Price
 
 
(Years)
 
Balance at January 1, 2015
    7,918     $ 8.69       7.92  
Granted
    125     $ 19.13          
Exercised
    (713
)
  $ 8.84          
Expired and forfeited
    (345
)
  $ 11.30          
Balance at June 30, 2015
    6,985     $ 8.73       8.08