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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Statement of Cash Flows [Abstract]    
Net loss $ (32,335) $ (22,168)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 1,194 536
Amortization of intangible assets 8 56
Amortization on investment instruments 147 229
Equity-based compensation 5,995 7,334
Increase in assets:    
Accounts receivable (664) (65)
Prepaid expense and other (642) (547)
(Decrease) increase in liabilities:    
Accounts payable (329) 528
Accrued liabilities 1,400 125
Deferred income (14) (22)
Net cash used in operating activities (25,240) (13,994)
Purchases of equipment (2,594) (1,357)
Purchase of available-for-sale securities (12,418) (6,614)
Sales of available-for-sale securities 141 246
Maturity of available-for-sale securities 11,307 4,007
Net cash used in investing activities $ (3,564) (3,718)
Issuance of common stock 44,875
Exercise of options $ 542 730
Payments on capital lease obligations (110) (71)
Net cash provided by financing activities 432 45,534
(Decrease) increase in cash and cash equivalents (28,372) 27,822
Cash and cash equivalents, beginning of period 53,563 30,029
Cash and cash equivalents, end of period $ 25,191 $ 57,851