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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating Activities:    
Net loss $ (49,670) $ (41,477)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,668 1,030
Amortization of (discount) premium on marketable securities (4,043) (310)
Stock-based compensation 10,374 6,969
Taxes paid related to net share settlement of equity awards   (71)
Other 715  
Net changes in operating assets and liabilities:    
Interest receivable (443) (259)
Accounts receivable (2,225) 1,539
Prepaid expenses and other assets (1,851) (743)
Accounts payable and accrued liabilities 789 3,676
Accrued compensation and employee benefits 1,127 1,589
Non-current liabilities 1,730  
Deferred revenues 118,540 56,078
Net cash provided by operating activities 76,711 28,021
Investing Activities:    
Purchases of marketable securities (451,239) (229,595)
Maturities of marketable securities 230,547 127,093
Purchases of property and equipment (15,028) (2,873)
Other investment (5,221)  
Net cash used in investing activities (240,941) (105,375)
Financing Activities:    
Proceeds from public offering of common stock, net of issuance costs 215,757 81,573
Taxes paid related to net share settlement of equity awards (83)  
Proceeds from issuance of common stock 14,469 3,614
Net cash provided by financing activities 230,143 85,187
Net increase in cash, cash equivalents, and restricted cash 65,913 7,833
Cash, cash equivalents, and restricted cash, beginning of period 53,326 22,061
Cash, cash equivalents, and restricted cash, end of period 119,239 29,894
Property and Equipment [Member]    
Supplemental disclosure of noncash investing activities:    
Property and equipment included in accrued liabilities $ 5,813 $ 50