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Consolidated 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 $ (27,803) $ (44,785) $ (19,784)
Adjustments to reconcile net loss to net cash used in operating activities:      
Stock-based compensation 4,009 3,198 2,459
Stock issued for milestone payments 0 1,350 0
Stock issued for exclusive channel collaboration agreement 0 3,000 0
Change in fair value of warrant liabilities (11,412) 3,811 (620)
Depreciation 157 72 20
Changes in operating assets and liabilities:      
Prepaid expenses and other current assets 7,004 (7,971) 43
Deposits and other assets (9) (8) (2)
Accounts payable (2,420) 3,417 854
Accrued expenses 2,330 (1,001) 416
Accrued employee benefits 36 (261) 535
Deferred rent 207 288 0
Net Cash Used In Operating Activities (27,901) (38,890) (16,079)
Cash Flows From Investing Activities:      
Purchases of property and equipment (569) (501) (48)
Net Cash Used In Investing Activities (569) (501) (48)
Cash Flows From Financing Activities:      
Proceeds from issuance of common stock 25,000 46,000 20,668
Cash paid as direct offering costs (616) (3,357) (1,645)
Proceeds from issuance of common stock for stock option exercises 814 41 4
Proceeds from "at the market" stock issuance 1,509 0 0
Net Cash Provided By Financing Activities 26,707 42,684 19,027
Net (decrease) increase in cash (1,763) 3,293 2,900
Cash at beginning of period 20,818 17,525 14,625
Cash at end of period 19,055 20,818 17,525
Supplemental disclosures of cash flow information:      
Cash paid for interest 0 0 0
Cash paid for taxes $ 0 $ 0 $ 0