Annual report pursuant to Section 13 and 15(d)

Statements of Operations and Comprehensive Loss

v2.4.1.9
Statements of Operations and Comprehensive Loss (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Revenue:    
Grant revenue   $ 84,980us-gaap_RevenueFromGrants
Collaboration revenue   50,000trvn_CollaborationRevenue
Total revenue   134,980us-gaap_Revenues
Operating expenses:    
General and administrative 9,403,254us-gaap_GeneralAndAdministrativeExpense 4,718,047us-gaap_GeneralAndAdministrativeExpense
Research and development 40,546,666us-gaap_ResearchAndDevelopmentExpense 18,762,219us-gaap_ResearchAndDevelopmentExpense
Total operating expenses 49,949,920us-gaap_OperatingExpenses 23,480,266us-gaap_OperatingExpenses
Loss from operations (49,949,920)us-gaap_OperatingIncomeLoss (23,345,286)us-gaap_OperatingIncomeLoss
Other income (expense):    
Change in fair value of warrant liability 122,412us-gaap_FairValueAdjustmentOfWarrants 241,478us-gaap_FairValueAdjustmentOfWarrants
Miscellaneous income 184,015us-gaap_OtherNonoperatingIncome 1,245us-gaap_OtherNonoperatingIncome
Loss on asset disposal (4,104)us-gaap_GainLossOnSaleOfOtherAssets  
Interest income 17,372us-gaap_InvestmentIncomeInterest 884us-gaap_InvestmentIncomeInterest
Interest expense (70,650)us-gaap_InterestExpense (149,756)us-gaap_InterestExpense
Total other income 249,045us-gaap_NonoperatingIncomeExpense 93,851us-gaap_NonoperatingIncomeExpense
Net loss (49,700,875)us-gaap_NetIncomeLoss (23,251,435)us-gaap_NetIncomeLoss
Accretion of redeemable convertible preferred stock (28,521)us-gaap_TemporaryEquityAccretionToRedemptionValueAdjustment (333,710)us-gaap_TemporaryEquityAccretionToRedemptionValueAdjustment
Net loss attributable to common stockholders (49,729,396)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic (23,585,145)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Other comprehensive income, net:    
Change in unrealized loss (18,782)us-gaap_AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLossNetOfTax  
Other comprehensive loss (18,782)us-gaap_OtherComprehensiveIncomeLossNetOfTax  
Comprehensive loss $ (49,748,178)us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $ (23,585,145)us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
Per share information:    
Net loss per share of common stock, basic and diluted (in dollars per share) $ (2.02)us-gaap_EarningsPerShareBasicAndDiluted $ (29.71)us-gaap_EarningsPerShareBasicAndDiluted
Weighted average shares outstanding, basic and diluted (in shares) 24,655,603us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 793,806us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted