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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash Flows from Operating Activities:    
Net Loss $ (62,827) $ (66,625)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:    
Depreciation and Amortization 2,367 1,434
Amortization of Intangible Assets 448 507
Amortization and Premium of Marketable Securities, Net (161) 612
Loss on Sale or Disposal of Assets   74
Loss on Fair Value Remeasurement of Contingent Consideration 4,400  
Stock-Based Compensation Expense 6,989 7,913
Non-Cash Expense   1,638
Changes in Operating Assets and Liabilities:    
Accounts and Other Receivables 425 (146)
Prepaid and Other Current Assets (511) (3,124)
Other Assets 199  
Accounts Payable and Accrued Expenses (6,812) (10,212)
Other Liabilities (566) (803)
Net Cash Used in Operating Activities (56,049) (68,732)
Cash Flows from Investing Activities:    
Sales and Maturities of Marketable Securities 151,470 149,367
Purchases of Marketable Securities (91,969) (120,053)
Investment in Other   (1,801)
Acquisition of Property and Equipment (1,316) (1,307)
Net Cash Provided by Investing Activities 58,185 26,206
Cash Flows from Financing Activities:    
Net Proceeds from Stock Issuances 21,489 2,551
Proceeds from Issuance of Stock from Employee Benefit Plans 76 349
Net Cash Provided by Financing Activities 21,565 2,900
Net Increase (Decrease) in Cash and Cash Equivalents 23,701 (39,626)
Cash and Cash Equivalents at Beginning of Period 42,461 72,108
Cash and Cash Equivalents at End of Period 66,162 32,482
Non-cash Investing Activities    
Acquisition of Property and Equipment included in Accounts Payable and Accrued Expenses 87 $ 108
Non-cash Supplemental Disclosure    
Shares issued to former Kolltan executive for settlement of severance $ 263