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Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities    
Net loss $ (22,064) $ (23,540)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 16 14
Noncash stock based compensation 2,727 2,607
Noncash interest 520 759
Change in fair value of warrants (82) (168)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 1,606 595
Accounts payable and accrued expenses (1,473) (648)
Net cash used in operating activities (18,750) (20,381)
Cash flows from investing activities    
Acquisition of property and equipment (771) (25)
Net cash used in investing activities (771) (25)
Cash flows from financing activities    
Cash paid for debt financing costs   (175)
Principal payments on long-term debt (4,035) (985)
Return of principal payments on long-term debt   985
Proceeds from the issuance of common stock, net 18,536 37,527
Proceeds from exercise of stock options 76 329
Net cash provided by financing activities 14,577 37,681
Net (decrease) increase in cash and cash equivalents (4,944) 17,275
Cash and cash equivalents, beginning of period 48,750 34,395
Cash and cash equivalents, end of period 43,806 51,670
Supplemental cash flow information    
Interest paid $ 1,023 $ 1,125