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
Mar. 31, 2016
Mar. 31, 2015
Statement Of Income And Comprehensive Income [Abstract]    
COLLABORATION REVENUE (note 3) $ 2,940 $ 1,374
EXPENSES    
Research and development 4,642 3,673
General and administrative 2,299 2,698
Restructuring costs [note 7] 431  
Total operating expenses 7,372 6,371
OTHER INCOME (EXPENSE)    
Interest income 48 54
Other 10 (39)
Gain on warrants 667 465
Total other income 725 480
Net loss (3,707) (4,517)
OTHER COMPREHENSIVE INCOME    
Net unrealized gain on securities 14 13
Total other comprehensive income 14 13
Comprehensive loss $ (3,693) $ (4,504)
Basic and diluted net loss per common share $ (0.12) $ (0.20)
Shares used in computation of basic and diluted net loss per common share 29,827,824 22,656,022