Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
COSTS AND EXPENSES:    
Research and development $ 13,342 $ 28,533
General and administrative 7,949 10,436
Total costs and expenses 21,291 38,969
Operating loss (21,291) (38,969)
Interest income, net 168 127
NET LOSS $ (21,123) $ (38,842)
Net loss per common share, basic and diluted (in dollars per share) $ (3.17) $ (15.41)
Weighted average common shares outstanding, basic and diluted (in shares) 6,665,091 2,521,016