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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
CASH FLOWS USED IN OPERATING ACTIVITIES:    
Net loss $ (130,437) $ (125,377)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,341 695
Amortization of discount on marketable securities, net (278) (75)
Amortization of debt discount and debt issuance costs 6,668 0
Stock-based compensation 15,569 20,533
Changes in operating assets and liabilities:    
Inventory (1,854) (1,636)
Accounts receivable, net (6,516) (1,211)
Prepaid expenses (1,352) (3,738)
Other current assets 724 113
Other long-term assets 166 (7)
Accounts payable (1,383) (1,732)
Accrued expenses and other current liabilities (4,221) (466)
Other non-current liabilities (47) (48)
Net cash used in operating activities (121,620) (112,949)
CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES:    
Purchases of property and equipment (71) (1,131)
Payments for capitalized milestones 0 (8,712)
Purchases of marketable securities (499) (111,983)
Sales and maturities of marketable securities 45,000 106,264
Net cash provided by (used in) investing activities 44,430 (15,562)
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES:    
Proceeds from exercise of stock options and warrant exercises 8,826 4,024
Proceeds from issuance of shares under employee stock purchase plan 1,741 1,030
Net cash provided by financing activities 10,567 5,054
NET DECREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (66,623) (123,457)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF YEAR 118,619 258,614
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT END OF PERIOD 51,996 135,157
SUPPLEMENTAL DISCLOSURES:    
Cash paid for income taxes 22 21
Property and equipment purchases in accrued expenses at period end $ 114 $ 1,247