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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating activities      
Net loss $ (51,862) $ (53,530) $ (39,445)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 351 304 243
Amortization of premium/discount on investments (26) 126 0
Stock-based compensation 8,633 9,283 6,297
Changes in operating assets and liabilities:      
Accounts receivable (130) 455 998
Inventory (77) (594) 12
Prepaid expenses 975 (892) (1,021)
Restricted cash (6,000) 0 0
Other receivables 22 (3,059) 0
Security deposit (200) 0 0
Accounts payable (2,225) 1,485 (3,829)
Accrued liabilities 1,203 976 (519)
Accrued litigation-related settlement (1,250) 7,250 0
Deferred revenue (2,545) 2,496 (510)
Deferred rent and other noncurrent liabilities 72 (40) (27)
Net cash used in operating activities (53,059) (35,740) (37,801)
Investing activities      
Purchases of property and equipment (428) (133) (427)
Purchases of short-term investments (71,611) (102,288) 0
Maturities of short-term investments 65,000 40,000 0
Net cash used in investing activities (7,039) (62,421) (427)
Financing activities      
Issuance of common stock in public offering, net of offering costs 86,624 30,310 75,359
Proceeds from issuances of common stock under stock-based compensation plans 714 144 436
Net cash provided by financing activities 87,338 30,454 75,795
Net (decrease) increase in cash and cash equivalents 27,240 (67,707) 37,567
Cash and cash equivalents, beginning of year 45,214 112,921 75,354
Cash and cash equivalents, end of year 72,454 45,214 112,921
Supplemental cash flow information      
Unpaid stock offering costs $ 48 $ 0 $ 0