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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net loss $ (60,355) $ (42,579)
Adjustments to reconcile net loss to net cash used in operating activities    
Stock-based compensation expense 6,806 5,534
Non-cash interest expense 2,469 265
Change in fair value of derivative liability (7,334)  
Depreciation and amortization expense 1,856 1,704
(Gain)/loss on disposal of property and equipment 7  
Changes in operating assets and liabilities:    
Accounts receivable (913) (14)
Prepaid expenses and other current assets (500) 382
Inventory (678) 20
Operating lease assets 552  
Accounts payable 32 (1,003)
Accrued expenses and deferred rent 543 112
Operating lease liabilities (596)  
Net cash used in operating activities (58,111) (35,579)
Cash flows from investing activities:    
Purchases of property and equipment (1,637) (1,410)
Net cash used in investing activities (1,637) (1,410)
Cash flows from financing activities:    
Proceeds from issuance of 2026 convertible notes, net of issuance costs 37,275  
Proceeds from exercise of stock options 34 346
Proceeds from issuance of common stock pursuant to employee stock purchase plan 294 119
Proceeds from issuance of common stock offering, net 28,647 55,961
Repayment of notes payable   (4,114)
Net cash provided by financing activities 66,250 52,312
Net increase in cash, cash equivalents and restricted cash 6,502 15,323
Cash, cash equivalents and restricted cash at beginning of period 60,676 43,152
Cash, cash equivalents and restricted cash at end of period 67,178 58,475
Supplemental disclosure of non-cash investing and financing activities:    
Additional right of use asset and related lease liability 2,044  
Additions to property and equipment included in accounts payable and accrued expenses at balance sheet dates 464 198
Derivative liability in connection with issuance of 2026 convertible notes $ 16,434  
Public offering costs included in accounts payable and accrued expenses at balance sheet dates   $ 11