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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities      
Net loss $ (147,787) $ (83,559) $ (130,685)
Adjustments to reconcile net loss to net cash used in operating activities      
Non-cash interest expense 8,217 8,511 4,548
Depreciation and amortization 4,288 3,223 2,589
Stock-based compensation 15,351 13,197 10,733
Purchased premiums and interest on marketable securities   858 (1,809)
Other non-cash items 4   579
Changes in operating assets and liabilities:      
Accounts receivable (3,170) 2,587 3,410
Prepaid expenses and other current assets (850) 827 4,037
Inventory (3,717)    
Accounts payable, accrued expenses and other 13,557 (646) 13,304
Deferred revenues 6,377 19,482 (4,989)
Deferred rent and tax incentives 2,374 712 2,076
Other assets and liabilities, net     1,032
Net cash (used in) operating activities (105,356) (34,808) (95,175)
Cash flows from investing activities      
Purchase of marketable securities   (111,832) (112,923)
Proceeds from sales and maturities of marketable securities 87,899 111,858 95,100
Purchase of property and equipment (12,789) (6,035) (9,857)
Assignment of restricted cash     (57)
Other investing activities, net   (2) (2)
Net cash provided by (used in) investing activities 75,110 (6,011) (27,739)
Cash flows from financing activities      
Proceeds from public offerings, net of issuance costs 38,560   26,716
Proceeds from exercise of options and warrants to purchase common stock 10,087 10,384 2,036
Proceeds from issuance of senior secured notes due 2022, net of issuance costs 169,434    
Proceeds from issuance of preferred stock by Silver Creek Pharmaceuticals, Inc. 2,083    
Proceeds from convertible notes issued by Silver Creek Pharmaceuticals, Inc., net of issuance costs   1,044 121,537
Repayment of loans payable to Hercules Technology Growth Capital, Inc. (40,000)    
Payments of dividends on Series B convertible preferred stock   (7) (3)
Net cash provided by financing activities 180,164 11,421 150,286
Net increase (decrease) in cash and cash equivalents 149,918 (29,398) 27,372
Cash and cash equivalents, beginning of period 35,688 65,086 37,714
Cash and cash equivalents, end of period 185,606 35,688 65,086
Non-cash investing and financing activities      
Issuance of derivative liability     35
Value of conversion feature of convertible senior notes, classified in Stockholders' Deficit     51,876
Property, plant and equipment in accounts payable and accrued expenses 816 704  
Receivables related to stock option exercises in prepaid expenses and other current assets 14    
Disposals of fully-depreciated property and equipment 303 1,603 210
Reclassification of deferred financing costs to stockholders' deficit     278
Conversion of Silver Creek Pharmaceuticals, Inc. convertible notes   1,044 2,603
Supplemental disclosure of cash flows      
Cash paid for interest $ 10,087 $ 9,510 $ 3,915