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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities      
Net loss $ (95,817) $ (82,177) $ (57,513)
Adjustments to reconcile net loss to net cash used in operating activities      
Depreciation and amortization 215 194 107
Loss on disposition of assets     26
Stock-based compensation expense 10,923 10,699 4,641
Remeasurement of convertible preferred stock call option liability     9,560
Remeasurement of convertible preferred stock warrant liability     2,279
Changes in assets and liabilities      
Prepaid expenses and other assets (1,626) 317 (1,695)
Accounts payable (315) 413 944
Accrued and other liabilities 5,742 1,490 1,998
Income taxes payable 247    
Upfront payment from collaboration partner 40,000    
Net cash used in operating activities (40,631) (69,064) (39,653)
Cash flows from investing activities      
Purchase of property and equipment (90)   (827)
Security deposit for facility lease   (42) 55
Net cash used in investing activities (90) (42) (772)
Cash flows from financing activities      
Proceeds from issuance of common stock in initial public offering, net of issuance costs     132,137
Proceeds from issuance of common stock in follow-on offering, net of issuance costs 59,136 80,209  
Proceeds from issuance of convertible preferred stock, net of issuance costs     64,793
Proceeds from exercise of convertible preferred stock warrants     572
Proceeds from issuance of common stock in connection with employee benefit plans 669 400 201
Net cash provided by financing activities 59,805 80,609 197,703
Net increase in cash and cash equivalents 19,084 11,503 157,278
Cash and cash equivalents at beginning of period 182,069 170,566 13,288
Cash and cash equivalents at end of period $ 201,153 $ 182,069 170,566
Conversion of preferred stock call option liability [Member]      
Supplemental disclosure of noncash items      
Conversion of liability to additional paid in capital     9,581
Conversion of preferred stock warrant liability [Member]      
Supplemental disclosure of noncash items      
Conversion of liability to additional paid in capital     2,752
Conversion of preferred stock to common stock [Member]      
Supplemental disclosure of noncash items      
Conversion to common stock and additional paid in capital     $ 122,290