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STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net loss $ (102,050) $ (40,636)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 453 412
Stock-based compensation 5,741 6,850
Change in fair value of derivative liabilities   (46)
Non-cash inducement warrant expense 60,751  
(Increase) decrease in:    
Receivables (1,577) (1,002)
Prepaid expenses and other current assets (3,047) 5,406
Other noncurrent assets 9,432 (4,684)
Deposits (2)  
Increase (decrease) in:    
Accounts payable 219 (3,148)
Accrued expenses 810 (532)
Deferred revenue   (146)
Deferred rent 17 (112)
Other liabilities 7  
Net cash used in operating activities (29,246) (37,638)
Cash flows from investing activities:    
Purchases of property and equipment (184) (545)
Net cash used in investing activities (184) (545)
Cash flows from financing activities:    
Proceeds from exercise of stock options 1,020 240
Repurchase of common stock (370) (1,275)
Issuance of common stock in connection with at the market offering, net 2,971  
Issuance of common stock upon exercise of warrants, net 52,499  
Net cash provided by (used in) financing activities 56,120 (1,035)
Net increase (decrease) in cash and cash equivalents, and restricted cash 26,690 (39,218)
Cash and cash equivalents, and restricted cash, beginning of period 61,729 71,335
Cash and cash equivalents, and restricted cash, end of period 88,419 32,117
Supplementary disclosure of cash flow information:    
Compensation paid in restricted stock, gross $ 1,000  
Series 1 Preferred Stock    
Supplementary disclosure of noncash investing and financing activities:    
Payment of dividends in preferred stock   $ 16,656