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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Operating activities:    
Net loss $ (31,712) $ (11,812)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 190 147
Amortization of intangible assets   83
Noncash interest expense 125 9
Amortization of premium on marketable securities 347 172
Stock based compensation expense 1,008 616
Gains on disposal of fixed assets   (146)
Change in fair value of preferred stock warrant liability   388
Changes in operating assets and liabilities:    
Prepaid expenses and other assets (906) (200)
Accounts payable 1,419 1,817
Accrued compensation 234 (430)
Deferred revenue   (5,630)
Accrued research and clinical liabilities 601 (289)
Other liabilities (106) (39)
Deferred rent 77 (34)
Net cash used in operating activities (28,723) (15,348)
Investing activities:    
Proceeds from sale of property and equipment   170
Purchases of property and equipment (335)  
Purchase of marketable securities (46,351) (23,652)
Proceeds from maturities and sales of marketable securities 23,721 19,680
Net cash used in investing activities (22,965) (3,802)
Financing activities:    
Payments of deferred offering costs (29) (1,510)
Proceeds from issuance of debt   4,840
Proceeds from issuances of Series E preferred stock, net   18,845
Proceeds from issuance of common stock 155 54
Proceeds from initial public offering, net of offering costs 63,912  
Net cash provided by financing activities 64,038 22,229
Net increase in cash and cash equivalents 12,350 3,079
Cash and cash equivalents, beginning of period 10,947 3,338
Cash and cash equivalents, end of period 23,297 6,417
Supplemental cash flow disclosure:    
Cash paid for interest 663  
Supplemental disclosure of noncash financing activities:    
Conversion of preferred stock to common stock and additional paid-in capital 102,023  
Reclassification of preferred stock warrants liability to additional paid-in capital 157  
Issuance of common stock warrants in connection with a loan amendment 130  
Issuance of preferred stock warrant issued with note payable   $ 79