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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating activities    
Net loss $ (16,741) $ (20,986)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 67 32
Amortization of deferred financing costs and debt discount   93
Accretion of final interest payment on term loans   45
Stock-based compensation expense 4,176 2,840
Loss from disposal of property and equipment   2
Changes in operating assets and liabilities:    
Accounts receivable 307 (2,021)
Prepaid expenses and other assets (3,330) (1,052)
Accounts payable (1,367) 1,405
Accrued expenses and accrued final interest payment on term loan 427 (834)
Deferred revenue 469 760
Net cash used in operating activities (15,992) (19,716)
Investing activities    
Purchases of property and equipment (72) (51)
Net cash used in investing activities (72) (51)
Financing activities    
Proceeds from sale of common stock, net of issuance costs   162,445
Repayment of term loan payable   (4,646)
Proceeds from exercise of stock options 15 1,246
Net cash provided by financing activities 15 159,045
Net (decrease) increase in cash and cash equivalents (16,049) 139,278
Cash and cash equivalents at beginning of period 205,912 121,042
Cash and cash equivalents at end of period $ 189,863 260,320
Supplemental cash flow and noncash financing activities    
Cash paid for interest   363
Issuance costs included in accounts payable and accrued expenses   $ 236