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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2018
Mar. 31, 2018
Jun. 30, 2019
Jun. 30, 2018
Sep. 30, 2018
Cash flow from operating activities:              
Net loss $ (37,763) $ (35,202) $ (29,037) $ (30,180) $ (72,965) $ (59,217) $ (72,965)
Adjustments to reconcile net loss from continuing operations to net cash used in operating activities:              
Stock-based compensation         9,581 4,971  
Depreciation and amortization         552 50  
Net accretion and amortization of investments in marketable securities         (3,299) 0  
Change in fair value of warrant liabilities         158 31  
Change in fair value of contingent purchase consideration (700)   (2,500)   2,300 (2,500)  
Changes in operating assets and liabilities:              
Prepaid expenses and other current assets         6,071 (3,482)  
Other assets         (5,963) 2,891  
Accounts payable, accrued and other liabilities         (5,193) 1,689  
Operating lease liability         12,588    
Deferred revenue         14,431 0  
Net cash used in operating activities         (41,739) (55,567)  
Cash flows from investing activities:              
Purchases of marketable securities         (251,782) 0  
Proceeds from maturities of marketable securities         289,357 0  
Purchases of property and equipment         (8,922) (84)  
Net cash provided by (used in) investing activities         28,653 (84)  
Cash flows from financing activities:              
Payment of contingent consideration         (10,000) 0  
Proceeds from issuance of common stock under equity incentive plans         6,026 5,427  
Taxes paid related to net share settlement of equity awards         (606) (1,426)  
Proceeds from issuance of common stock, net of issuance costs         0 30,250  
Net cash (used in) provided by financing activities         (4,580) 34,251  
Net decrease in cash and cash equivalents         (17,666) (21,400)  
Cash and cash equivalents, beginning of the period   $ 68,454   $ 293,503 68,454 293,503 $ 293,503
Cash and cash equivalents, end of the period $ 50,788   $ 272,103   50,788 272,103  
Noncash financing activities:              
Purchases of property and equipment in accounts payable and accrued liabilities         $ 662 $ 0