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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating activities    
Net loss $ (6,351) $ (9,493)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2,179 1,728
Employee stock-based compensation 4,542 4,176
Write-off of previously capitalized software costs   87
Impairment of assets held for sale and long-lived assets 56  
Gain on disposal of property and equipment   (19)
Outside director restricted stock awarded in lieu of fees 50 50
Gain on sale of equity securities (1,333)  
Deferred tax benefit from unrealized gain on available-for-sale marketable securities 1,000 5,600
Deferred tax benefit from unrealized gain on available-for-sale marketable securities (1,358) (5,626)
Changes in assets and liabilities:    
Accounts receivable (1,665) (63)
Prepaid expenses and other assets (480) (2,252)
Accounts payable (2,441) 239
Accrued compensation and employee benefits (2,181) (1,320)
Accrued expenses and other liabilities 3,690 5,283
Deferred revenues (57) (67)
Net cash used in operating activities (5,349) (7,277)
Investing activities    
Purchases of property and equipment (5,311) (4,369)
Purchases of marketable securities (12,207) (31,274)
Maturities of marketable securities 19,757 37,180
Proceeds from sales of marketable securities 3,579  
Net cash provided by investing activities 5,818 1,537
Financing activities    
Net proceeds from issuance of common stock under stock plans 632 2,379
Withholding taxes related to restricted stock units net share settlement (2,929) (3,427)
Net cash used in financing activities (2,297) (1,048)
Net decrease in cash and cash equivalents (1,828) (6,788)
Cash and cash equivalents at the beginning of the period 32,533 29,726
Cash and cash equivalents at the end of the period 30,705 22,938
Non-cash investing and financing activities    
Accrued purchase of property and equipment 291 2,501
Change in fair value of equity investment $ 3,787 $ 23,145