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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities    
Net loss $ (99,720) $ (74,082)
Adjustments to reconcile net loss to net cash used in operating activities:    
Non-cash interest expense 6,131 6,393
Depreciation and amortization 4,320 2,811
Stock-based compensation 12,027 9,941
Changes in operating assets and liabilities    
Purchased premiums and interest on available-for-sale securities   432
Accounts receivable 1,262 4,130
Accounts payable, accrued expenses and other 335 (2,077)
Deferred revenues (25,922) 49,526
Other assets and liabilities, net (481) (197)
Net cash used in operating activities (102,048) (3,123)
Cash flows from investing activities    
Purchases of available-for-sale securities   (70,934)
Proceeds from maturities of available-for-sale securities 81,899 106,733
Purchases of property and equipment (8,127) (4,714)
Net cash provided by investing activities 73,772 31,085
Cash flows from financing activities    
Proceeds from exercise of common stock options and warrants 8,295 6,581
Proceeds from at the market offering, net of issuance costs 38,560  
Proceeds from issuance of preferred stock of Silver Creek Pharmaceuticals, Inc. 2,083  
Proceeds from convertible notes issued by Silver Creek Pharmaceuticals, Inc., net of issuance costs   700
Payments of dividends on Series B convertible preferred stock   (7)
Other financing activities, net   1
Net cash provided by financing activities 48,938 7,275
Net increase in cash and cash equivalents 20,662 35,237
Cash and cash equivalents, beginning of period 35,688 65,086
Cash and cash equivalents, end of period 56,350 100,323
Non-cash investing and financing activities    
Disposal of fully depreciated assets 106 1,598
Property and equipment in accounts payable and accrued expenses 1,800 653
Receivables related to stock option exercises 87 841
Issuance of derivative liability   88
Supplemental disclosure of cash flows    
Cash paid for interest $ 8,837 $ 8,806