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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash Flows From Operating Activities:    
Net Loss $ (16,842) $ (25,981)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 1,959 1,413
Stock issued for milestone payments 0 1,350
Change in fair value of warrant liabilities (3,015) 8,047
Depreciation 57 19
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 3,745 (5,407)
Deposits and other assets (11) (12)
Accounts payable 143 7,690
Accrued expenses 1,543 317
Accrued employee benefits 897 (144)
Deferred rent (10) 0
Net Cash Used In Operating Activities (11,534) (12,708)
Cash Flows From Investing Activities:    
Purchases of property and equipment (45) (61)
Net Cash Used In Investing Activities (45) (61)
Cash Flows From Financing Activities:    
Proceeds from issuance of common stock for stock option exercises 810 1
Net Cash Provided By Financing Activities 810 1
Net decrease in cash (10,769) (12,768)
Cash at beginning of period 20,818 17,525
Cash at end of period 10,049 4,757
Supplemental disclosures of cash flow information:    
Cash paid for interest 0 0
Cash paid for taxes $ 0 $ 0