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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended 12 Months Ended
Dec. 31, 2016
Dec. 31, 2017
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:        
Net loss $ (78,883,000) $ (96,012,000) $ (144,817,000) $ (60,739,000)
Adjustments to reconcile net loss to net cash used for operating activities:        
Non-cash royalty revenue related to sale of future royalties (12,894,000) (28,142,000) (25,299,000) (5,484,000)
Non-cash interest expense on liability related to sale of future royalties and convertible senior notes 8,665,000 13,682,000 20,130,000 5,437,000
Non-cash debt conversion expense   22,915,000    
Depreciation and amortization 3,074,000 5,963,000 5,327,000 5,513,000
Loss on sale/disposal of fixed assets and impairment charges 1,130,000 239,000 (21,000) 7,000
Stock and deferred share unit compensation 8,337,000 11,325,000 22,248,000 15,715,000
Deferred rent 88,000 91,000 161,000 195,000
Change in operating assets and liabilities:        
Accounts receivable (1,143,000) (623,000) 4,205,000 (3,192,000)
Unbilled revenue (5,369,000) 4,198,000 (695,000) 615,000
Inventory (1,285,000) 1,154,000 2,028,000 15,000
Prepaid and other current assets (505,000) 2,419,000 (706,000) (1,855,000)
Other assets 405,000 (777,000) (2,456,000) (761,000)
Accounts payable (3,247,000) 771,000 2,649,000 3,319,000
Accrued compensation (3,778,000) 4,527,000 2,378,000 1,481,000
Other accrued liabilities 960,000 4,375,000 (1,434,000) 3,248,000
Deferred revenue 747,000 61,540,000 (8,318,000) (20,155,000)
Proceeds from landlord for tenant improvements 42,000   144,000 1,350,000
Net cash provided (used) for operating activities (83,656,000) 7,645,000 (124,476,000) (55,291,000)
Cash flows from investing activities:        
Purchases of property and equipment (1,406,000) (1,116,000) (10,376,000) (7,425,000)
Net cash used for investing activities (1,406,000) (1,116,000) (10,376,000) (7,425,000)
Cash flows from financing activities:        
Proceeds from stock options exercised   650,000 5,161,000 4,429,000
Proceeds from common stock issuance, net of $222 of transaction costs   101,663,000    
Proceeds from sale of future royalties, net of $5,865 of transaction costs       194,135,000
Fees for debt conversion   (1,699,000)    
Proceeds from issuance of convertible 4.5% notes, net of $3,392 of transaction costs     96,608,000  
Net cash provided by financing activities   100,614,000 101,769,000 198,564,000
Net change in cash and cash equivalents (85,062,000) 107,143,000 (33,083,000) 135,848,000
Cash and cash equivalents, beginning of period 245,026,000 159,964,000 278,109,000 142,261,000
Cash and cash equivalents, end of period $ 159,964,000 267,107,000 $ 245,026,000 $ 278,109,000
Supplemental disclosure:        
Cash paid during the year for interest   $ 4,685,000