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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net loss $ (13,039) $ (2,623)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 21 3
Stock-based compensation expense 1,222 43
Non-cash charges related to Vixen acquisition 2,784  
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 71 (626)
Accounts payable 2,008 385
Accrued expenses 39 16
Net cash used in operating activities (6,894) (2,802)
Cash flows from investing activities:    
Purchases of property and equipment (40) (77)
Proceeds from sales and maturities of marketable securities 10,214 822
Net cash provided by investing activities 10,174 745
Cash flows from financing activities:    
Payment of deferred offering costs   (231)
Net cash used in financing activities   (231)
Net increase (decrease) in cash and cash equivalents 3,280 (2,288)
Cash and cash equivalents at beginning of period 9,851 10,757
Cash and cash equivalents at end of period 13,131 8,469
Supplemental disclosures of non-cash investing and financing activities:    
Additions to property and equipment included in accounts payable 40  
Accretion of convertible preferred stock to redemption value   $ 657
Fair value of stock issued in connection with Vixen acquisition on date of issuance $ 2,355