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STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Net loss $ (79,976) $ (117,796) $ (53,117)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation 1,128 629 575
Stock-based compensation 6,829 7,341 7,534
Non-cash inducement warrant expense   60,751  
Change in fair value of derivative liabilities 0 0 (158)
(Increase) decrease in:      
Receivables (1,335) (1,466) (1,845)
Prepaid expenses and other current assets 11,566 (1,729) (1,263)
Right of use assets (2,378)    
Deposits   (2)  
Other noncurrent assets (635) 9,431 3,942
Increase (decrease) in:      
Accounts payable 54 199 (3,709)
Accrued expenses 5,272 1,725 (1,145)
Deferred revenue     (146)
Deferred rent     (125)
Lease liabilities 2,462 63  
Net cash used in operating activities (57,013) (40,854) (49,457)
Cash flows from investing activities:      
Purchases of property and equipment (9,778) (284) (459)
Net cash used in investing activities (9,778) (284) (459)
Cash flows from financing activities:      
Proceeds from exercise of stock options 442 1,219 240
Repurchase of common stock   (653) (1,622)
Proceeds from underwritten financing     47,101
Issuance of common stock upon exercise of warrants, net   52,499  
Issuance of common stock in connection with a public offering, net 88,661    
Issuance of common stock in connection with an at the market offering, net 13,016 6,085  
Cash paid for settlement of related party relationship     (5,408)
Net cash provided by financing activities 102,119 59,150 40,311
Net decrease in cash and cash equivalents, and restricted cash 35,328 18,012 (9,605)
Cash and cash equivalents, and restricted cash, beginning of period 79,741 61,729 71,334
Cash and cash equivalents, and restricted cash, end of period 115,069 79,741 61,729
Supplementary disclosure of cash flow information:      
Bonus paid in common stock   1,000  
Fixed assets in accrued expenses $ 471 $ 358  
Supplementary disclosure of noncash investing and financing activities:      
Noncash portion of related party relationship settlement     212,769
Series 1 Preferred Stock      
Supplementary disclosure of noncash investing and financing activities:      
Payment of dividends in preferred stock     $ 16,998