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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 $ (128,530) $ (127,197) $ (118,080)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:      
Depreciation and Amortization 3,095 2,998 2,388
Amortization of Intangible Assets 997 1,013 1,013
Amortization and Premium of Marketable Securities, Net 926 350 95
Realized Gain on Sales and Maturities of Marketable Securities     (11)
Loss on Sale or Disposal of Assets 81   6
Stock-Based Compensation Expense 15,317 12,774 6,852
Non-Cash Expense 1,638 288 72
Changes in Operating Assets and Liabilities:      
Accounts and Other Receivables (814) (543) 62
Prepaid and Other Current Assets 1,320 (653) (2,026)
Other Assets (89) 6 65
Accounts Payable and Accrued Expenses (4,970) 4,875 1,450
Other Liabilities (2,007) 7,202 6,577
Net Cash Used in Operating Activities (113,036) (98,887) (101,537)
Cash Flows From Investing Activities:      
Sales and Maturities of Marketable Securities 242,792 161,090 109,232
Purchases of Marketable Securities (173,925) (206,405) (148,314)
Investment in Other (1,801)    
Cash Acquired in Kolltan Acquisition, net 4,592    
Acquisition of Property and Equipment (2,751) (4,876) (1,929)
Net Cash Provided by (Used in) Investing Activities 68,907 (50,191) (41,011)
Cash Flows From Financing Activities:      
Net Proceeds from Stock Issuances 13,946 188,840  
Proceeds from Issuance of Stock from Employee Benefit Plans 536 4,311 1,171
Net Cash Provided by Financing Activities 14,482 193,151 1,171
Effect of Exchange Rate Changes on Cash and Cash Equivalents   15 (5)
Net (Decrease) Increase in Cash and Cash Equivalents (29,647) 44,088 (141,382)
Cash and Cash Equivalents at Beginning of Period 72,108 28,020 169,402
Cash and Cash Equivalents at End of Period 42,461 72,108 28,020
Non-cash Investing Activities      
Accrued construction in progress 159 $ 75 $ 1,027
Non-cash Supplemental Disclosure      
Shares issued to former Kolltan executive for settlement of severance 426    
Shares issued in connection with Kolltan Acquisition $ 73,397