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STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net loss $ (117,796) $ (53,117) $ (54,323)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation 629 575 369
Stock-based compensation 7,341 7,534 8,454
Non-cash inducement warrant expense 60,751    
Change in fair value of derivative liabilities 0 (158) 1,295
(Increase) decrease in:      
Receivables (1,466) (1,845) 2
Prepaid expenses and other current assets (1,729) (1,263) 3,992
Deposits (2)    
Other noncurrent assets 9,431 3,942 (12,991)
Increase (decrease) in:      
Accounts payable 199 (3,709) 4,261
Accrued expenses 1,725 (1,145) 800
Deferred revenue   (146) (6,389)
Deferred rent 0 (125) (139)
Lease liabilities 63    
Net cash used in operating activities (40,854) (49,457) (54,669)
Cash flows from investing activities:      
Purchases of property and equipment (284) (459) (737)
Net cash used in investing activities (284) (459) (737)
Cash flows from financing activities:      
Proceeds from exercise of stock options 1,219 240 88
Issuance of restricted common stock     (2,059)
Repurchase of common stock (653) (1,622) 0
Proceeds from issuance of common stock, net     47,270
Proceeds from underwritten financing   47,101  
Issuance of common stock upon exercise of warrants, net 52,499    
Issuance of common stock in connection with an at the market offering, net 6,085    
Cash paid for settlement of related party relationship   (5,408)  
Net cash provided by financing activities 59,150 40,311 45,299
Net decrease in cash and cash equivalents, and restricted cash 18,012 (9,605) (10,107)
Cash and cash equivalents, and restricted cash, beginning of period 61,729 71,334 81,441
Cash and cash equivalents, and restricted cash, end of period 79,741 61,729 71,334
Supplementary disclosure of cash flow information:      
Bonus paid in common stock 1,000    
Fixed assets in accrued expenses $ 358    
Supplementary disclosure of noncash investing and financing activities:      
Noncash portion of related party relationship settlement   212,769  
Series 1 Preferred Stock      
Supplementary disclosure of noncash investing and financing activities:      
Payment of dividends in preferred stock   $ 16,998 $ 18,938