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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net loss $ (267,265) $ (220,030) $ (135,789)
Adjustments to reconcile net income to cash flows in operating activities:      
Depreciation and amortization 5,611 5,247 3,690
Amortization of premium, net of discount, on available-for-sale securities and loss from sales of available-for-sale securities 80 652 2,432
Non-cash interest expense 355 367 12
Loss on abandonment of patents 293 197 128
Stock-based compensation 29,962 32,117 20,345
Non-cash restructuring expense [1] 911    
Increase in warrant valuation 0 0 2,779
Changes in operating assets and liabilities, net:      
(Increase) decrease in accounts receivable (1,251) (1,561) 1,114
Increase in inventory (12,813)    
(Increase) decrease in other assets (9,012) 15,249 (34,013)
Increase in accounts payable, accrued expenses, deferred revenue and other liabilities 7,309 18,297 10,763
Net cash used in operations (245,820) (149,465) (128,539)
Cash flows from investing activities:      
Release and maturity of restricted investments     7,250
Purchase of restricted investment   (10,695)  
Purchase of property and equipment (5,341) (3,401) (25,444)
Patent costs (1,525) (1,432) (1,381)
Purchase of available-for-sale securities (195,427) (162,001) (274,368)
Maturity and sales of available-for-sale securities 112,100 185,939 134,913
Net cash (used in) provided by investing activities (90,193) 8,410 (159,030)
Cash flows from financing activities:      
Proceeds from borrowings, net of debt issuance costs   19,601  
Repayments of long-term debt and notes payable (7,603) (2,598) (94)
Proceeds from sales of common stock, net of offering costs 364,802 119,916 94,503
Proceeds from exercise of options and warrants and employee stock purchase program 20,930 10,889 9,746
Net cash provided by financing activities 378,129 147,808 104,155
Increase (decrease) in cash and cash equivalents 42,116 6,753 (183,414)
Cash and cash equivalents:      
Beginning of period 80,304 73,551 256,965
End of period 122,420 80,304 73,551
Supplemental disclosure of cash flow information:      
Cash paid during the period for interest 1,562 769 77
Supplemental schedule of non-cash investing activities and financing activities:      
Accrued debt issuance costs related to the senior secured term loan 400 400  
Property and equipment included in accrued expenses 1,186 318 277
Intangible assets included in accrued expenses 1,163 335 270
Issuance of common stock in satisfaction of warrants     11,785
Shares withheld for taxes 2,168 $ 182 34
Issuance of notes payable in relation to the purchase of certain real and personal property located in Andover, Massachusetts     $ 4,613
Accrual for offering costs related to the equity offerings $ 53    
[1] The non-cash restructuring expenses include the following: $0.8 million accelerated depreciation for certain assets $0.1 million acceleration of stock option vesting