Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Revenue $ 5,332 $ 11,691 $ 13,877 $ 15,843
Operating expenses        
Research and development 13,373 9,155 27,669 17,091
General and administrative 4,189 4,779 9,121 9,131
Total operating expenses 17,562 13,934 36,790 26,222
Loss from operations (12,230) (2,243) (22,913) (10,379)
Interest income 449 662 955 987
Other income (expense), net 23 1,230 (148) 327
Loss before income taxes (11,758) (351) (22,106) (9,065)
Income tax benefit 0 (148) 0 (148)
Net loss (11,758) (203) (22,106) (8,917)
Other comprehensive income (loss):        
Foreign currency translation (414) 1,266 272 519
Unrealized (loss) gain on available-for-sale securities (237) 2,133 3 1,602
Comprehensive (loss) income $ (12,409) $ 3,196 $ (21,831) $ (6,796)
Net loss per share        
Basic and diluted (USD per share) $ (0.24) $ 0.00 $ (0.44) $ (0.17)
Weighted average number of common shares outstanding        
Basic and diluted (shares) 49,204 53,983 50,034 52,025