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Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities    
Net loss $ 31,905,000 $ 25,866,000
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2,454,000 1,791,000
Accretion (Amortization) of Discounts and Premiums, Investments 30,000 35,000
Amortization of Debt Issuance Costs and Discounts 493,000 169,000
Stock-based compensation 5,602,000 4,540,000
Provision for Doubtful Accounts 32,000 23,000
Non-cash inventory adjustments 565,000 92,000
Other Operating Activities, Cash Flow Statement (123,000) 19,000
Increase (Decrease) in Accounts Receivable (1,795,000) (1,406,000)
Changes in operating assets and liabilities:    
Inventories (2,563,000) 306,000
Increase (Decrease) in Prepaid Expense and Other Assets (119,000) (721,000)
Accounts payable (3,134,000) 1,289,000
Accrued compensation (1,170,000) 1,119,000
Other liabilities (124,000) 303,000
Net cash used in operating activities (28,167,000) (15,495,000)
Investing activities    
Payments for intellectual property licenses 0 (800,000)
Purchases of property and equipment (2,535,000) (2,404,000)
Proceeds from Sale of Available-for-sale Securities 13,896,000 0
Proceeds from Maturities, Prepayments and Calls of Available-for-sale Securities 4,100,000 4,650,000
Payments to Acquire Marketable Securities (10,496,000) (2,532,000)
Net cash provided by (used in) investing activities 4,965,000 (1,086,000)
Financing activities    
Proceeds from Issuance of Common Stock 86,835,000 449,000
Costs incurred in conjunction with stock issuance (5,171,000) 0
Repayments of Long-term Debt (964,000) (17,000)
Proceeds from Debt, Maturing in More than Three Months 15,000,000 10,000,000
Payments of Debt Issuance Costs (187,000) (30,000)
Proceeds from stock option exercises (170,000) (352,000)
Net cash provided by financing activities 95,683,000 10,754,000
Effect of Exchange Rate on Cash and Cash Equivalents (13,000) 3,000
Net increase (decrease) in cash and cash equivalents 72,468,000 (5,824,000)
Cash and cash equivalents at beginning of period 15,959,000 35,385,000
Cash and cash equivalents at end of period 88,427,000 29,561,000
Non-cash investing and financing activities    
Transfer of instruments from (to) property and equipment into (from) inventory (1,534,000) 42,000
Intellectual property acquisitions included in other current liabilities 500,000 0
Supplemental cash flow disclosures    
Cash paid for income taxes, net 54,000 13,000
Property and Equipment Costs Incurred but not Paid Included in Other Current Liabilities 713,000 588,000
Proceeds from Interest Received 187,000 51,000
Cash paid for interest $ 574,000 $ 408,000