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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net loss $ (33,183) $ (28,592)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 390 474
Amortization of intangible assets 500 499
Stock-based compensation 7,739 9,988
Net premium amortization on investments (458) (100)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (658) (683)
Accounts payable 544 499
Accrued expenses 633 623
Other assets (2,734)  
Other current and non-current liabilities 2,238 (296)
Net cash used in operating activities (24,989) (17,588)
Cash flows from investing activities:    
Purchases of property and equipment (645) (243)
Purchases of investments (72,981) (39,799)
Maturities of investments 57,000 35,065
Sales of investments   24,875
Net cash provided by (used in) investing activities (16,626) 19,898
Cash flows from financing activities:    
Proceeds from issuance of common stock under employee stock purchase plan 423 327
Tax payments related to shares withheld for vested restricted stock units (613) (115)
Proceeds from exercises of stock options 272 423
Net cash provided by financing activities 82 635
Net increase (decrease) in cash and cash equivalents (41,533) 2,945
Cash and cash equivalents at beginning of period 51,103 3,386
Cash and cash equivalents at end of period 9,570 6,331
Supplemental disclosure of noncash investing and financing activities:    
Change in unrealized gains (losses) on available-for-sale securities 9 48
Equipment purchased in accounts payable and accrued expenses $ 219 $ 39