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 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
COSTS AND EXPENSES:        
Research and development $ 3,908 $ 5,466 $ 9,708 $ 23,653
General and administrative 1,927 2,143 6,040 7,806
Total costs and expenses 5,835 7,609 15,748 31,459
Operating loss (5,835) (7,609) (15,748) (31,459)
Interest income, net 49 31 118 99
NET LOSS $ (5,786) $ (7,578) $ (15,630) $ (31,360)
Net loss per common share, basic and diluted (in dollars per share) $ (0.77) $ (2.90) $ (2.49) $ (14.52)
Weighted average common shares outstanding, basic and diluted (in shares) 7,508,036 2,613,109 6,287,062 2,160,157