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Consolidated Statement of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net loss $ (64,028,000) $ (66,374,000) $ (45,498,000)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation 2,184,000 2,340,000 1,782,000
Amortization of intangible assets 12,000 11,000 10,000
Amortization of investment discount 326,000 374,000 188,000
Equity-based compensation 13,933,000 8,775,000 8,388,000
Realized gain on available-for-sale securities 0 (6,000) 0
Loss on disposal of property and equipment 240,000 23,000 0
(Increase) decrease in assets:      
Accounts receivable (1,912,000) 43,000 1,000
Inventory (7,759,000) 0 0
Prepaid expense and other (174,000) 1,292,000 (1,241,000)
Other current assets (285,000) (171,000) (12,000)
Increase (decrease) in liabilities:      
Accounts payable 1,064,000 (1,242,000) 329,000
Accrued liabilities 596,000 1,619,000 827,000
Deferred revenue and income 36,000 (92,000) 100,000
Deferred compensation 21,000 0 0
Net cash used in operating activities (55,746,000) (53,408,000) (35,126,000)
Cash flows from investing activities:      
Purchases of equipment (2,966,000) (2,409,000) (3,656,000)
Purchase of available-for-sale securities (82,333,000) (74,075,000) (12,418,000)
Sales of available-for-sale securities 11,522,000 9,716,000 141,000
Maturity of available-for-sale securities 48,049,000 17,200,000 13,258,000
Net cash used in investing activities (25,728,000) (49,568,000) (2,675,000)
Cash flows from financing activities:      
Exercise of warrants and options 6,606,000 1,497,000 805,000
Common stock issuance cost 0 (814,000) 0
Issuance of common stock and warrants 83,821,000 226,000 104,165,000
Recovery of related party short-swing profits 0 866,000 0
Payments on capital lease obligations 0 (13,000) (147,000)
Net cash provided by financing activities 90,427,000 1,762,000 104,823,000
Effect of exchange rate on cash 316,000 (127,000) 0
Increase (decrease) in cash and cash equivalents 9,269,000 (101,341,000) 67,022,000
Cash and cash equivalents, beginning of period 19,244,000 120,585,000 53,563,000
Cash and cash equivalents, end of period $ 28,513,000 $ 19,244,000 $ 120,585,000