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
Mar. 31, 2017
Mar. 31, 2016
COSTS AND EXPENSES:    
Research and development $ 2,994 $ 10,671
General and administrative 2,097 3,343
Total costs and expenses 5,091 14,014
Operating loss (5,091) (14,014)
Interest income, net 27 38
NET LOSS $ (5,064) $ (13,976)
Net loss per common share, basic and diluted (in dollars per share) $ (1.27) $ (7.41)
Weighted average common shares outstanding, basic and diluted (in shares) 3,985,529 1,886,043