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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating activities    
Net loss $ (76,257) $ (53,298)
Adjustments to reconcile net loss to net cash used for operating activities:    
Share-based compensation expense 14,429 10,804
Third party share-based compensation expense 747 167
Depreciation expense 899 510
Loss on disposal of equipment 0 75
Changes in operating assets and liabilities:    
Restricted cash (711) 37
Prepaid expenses and other current assets (267) (660)
Other assets 219 (149)
Accounts payable (413) (508)
Accrued clinical and other expenses (234) 2,693
Accrued payroll and related expenses 1,151 231
Net cash used for operating activities (60,437) (40,098)
Investing activities    
Purchase of property and equipment (4,288) (1,419)
Net cash used for investing activities (4,288) (1,419)
Financing activities    
Net proceeds from the issuance of common stock 117,480 0
Proceeds from the exercise of stock options for common stock 2,359 85
Net cash provided by financing activities 119,839 85
Net increase (decrease) in cash and cash equivalents 55,114 (41,432)
Cash and cash equivalents at beginning of period 65,726 126,467
Cash and cash equivalents at end of period $ 120,840 $ 85,035