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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities    
Net loss $ (8,981) $ (29,722)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 119 54
Stock-based compensation expense 2,820 3,864
Changes in assets and liabilities    
Prepaid expenses and other assets 92 (9,065)
Accounts payable (690) 220
Accrued and other liabilities (1,368) (79)
Net cash used in operating activities (8,008) (34,728)
Cash flows from investing activities    
Inducement on build-to-suit lease obligation 1,516  
Net cash used in investing activities 1,516  
Cash flows from financing activities    
Proceeds from issuance of common stock in connection with employee benefit plans 35 1,034
Net cash provided by financing activities 35 1,034
Net increase (decrease) in cash, cash equivalents, and restricted cash (6,457) (33,694)
Cash, cash equivalents, and restricted cash at beginning of period 83,529 201,153
Cash, cash equivalents, and restricted cash at end of period 77,072 167,459
Supplemental disclosure of noncash items    
Build-to-suit lease transaction $ 5,428 $ 8,174