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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net loss $ (23,438) $ (33,314) $ (18,346)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 553 689 752
Derivatives (gain) loss (593) 10,804 376
Common stock issued to 401(k) plan 208 201 173
Common stock issued for services     477
Share-based compensation expense 5,063 4,666 2,730
Other non-cash investment activities 98    
Changes in operating assets and liabilities:      
Restricted cash   61 180
Prepaid expenses (267) 888 (363)
Insurance receivable     (689)
Other assets (324) 3 4
Accounts payable 489 (48) (330)
Accrued expenses 1,471 (279) (248)
Net cash used in operating activities (16,740) (16,329) (15,284)
Cash flows from investing activities:      
Purchases of marketable securities (18,916) (5,274)  
Sales of marketable securities 12,515    
Non-cash disposals of property and equipment     45
Purchases of property and equipment (107) (5) (47)
Net cash used in investing activities (6,508) (5,279) (2)
Cash flows from financing activities:      
Proceeds from exercise of stock options 191 1,068 212
Proceeds from issuance of stock under ESPP 91    
Proceeds from exercise of warrants   7,789 12
Repayment of note payable   (18) (56)
Principal payments on capital lease obligation     (21)
Repayment of loan payable (395) (250)  
Proceeds from issuance of common stock and warrants 29,905 14,480 14,618
Net cash provided by financing activities 29,792 23,069 14,765
Increase (decrease) in cash and cash equivalents 6,544 1,461 (521)
Cash and cash equivalents at beginning of period 14,920 13,459 13,980
Cash and cash equivalents at end of period 21,464 14,920 13,459
Supplemental disclosure of cash flow information and non-cash investing and financing activities:      
Cash paid for interest 103 121 132
Fair value of warrants issued in connection with underwriting agreement     $ 6,848
Cashless exercise of equity-classified warrants to common stock $ 90 251  
Reclassification of derivative warrant liability to additional paid-in capital   $ 16,121