Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
COSTS AND EXPENSES:        
Research and development $ 2,806 $ 7,516 $ 5,800 $ 18,187
General and administrative 2,016 2,320 4,113 5,663
Total costs and expenses 4,822 9,836 9,913 23,850
Operating loss (4,822) (9,836) (9,913) (23,850)
Interest income, net 42 30 69 68
NET LOSS $ (4,780) $ (9,806) $ (9,844) $ (23,782)
Net loss per common share, basic and diluted (in dollars per share) $ (0.65) $ (4.97) $ (1.74) $ (12.31)
Weighted average common shares outstanding, basic and diluted (in shares) 7,327,890 1,973,643 5,666,457 1,931,193