Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Loss and Comprehensive Loss

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Consolidated Statements of Loss and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Statement Of Income And Comprehensive Income [Abstract]        
COLLABORATION REVENUE (note 3) $ 4,025 $ 4,929 $ 5,399 $ 16,660
EXPENSES        
Research and development 6,545 9,883 10,217 26,786
General and administrative 3,067 2,676 5,765 5,433
Total operating expenses 9,612 12,559 15,982 32,219
OTHER INCOME (EXPENSE)        
Interest income 13 4 67 16
Other (7) (4) (46) (2)
Gain (loss) on warrants (429) 615 35 (106)
Total other income (expense) (423) 615 56 (92)
Net loss (6,010) (7,015) (10,527) (15,651)
OTHER COMPREHENSIVE INCOME        
Net unrealized gain (loss) on securities 2 (1) 15 (2)
Total other comprehensive income (loss) 2 (1) 15 (2)
Comprehensive loss $ (6,008) $ (7,016) $ (10,512) $ (15,653)
Basic and diluted net loss per common share [note 5] $ (0.26) $ (0.47) $ (0.46) $ (1.05)
Shares used in computation of basic and diluted net loss per common share [note 5] 23,484,944 14,987,706 23,072,773 14,855,338