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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating activities      
Net loss $ (199,469) $ (114,803) $ (78,185)
Adjustments to reconcile net loss to net cash used for operating activities:      
Share-based compensation expense 35,151 21,795 14,546
Depreciation expense 4,405 1,268 730
Loss on disposal of equipment 236 199 75
Non-cash interest expense 6,797 0 0
Changes in operating assets and liabilities:      
Accounts receivable, net (1,381) 0 0
Inventory (2,020) 0 0
Prepaid expenses and other current assets (1,964) (1,642) (664)
Other assets 0 219 (149)
Accounts payable (2,912) 4,832 3,600
Accrued expenses 5,451 (202) 227
Accrued payroll and related expenses 2,514 2,918 987
Deferred rent 824 335 124
Net cash used for operating activities (152,368) (85,081) (58,709)
Investing activities      
Purchase of property and equipment (2,340) (9,194) (2,218)
Net cash used for investing activities (2,340) (9,194) (2,218)
Financing activities      
Net proceeds from royalty financing 124,289 0 0
Net proceeds from the issuance of common stock 109,809 117,480 0
Net proceeds from the exercise of stock options for common stock 1,908 2,693 149
Proceeds from issuance of common stock under ESPP 391 0 0
Net cash provided by financing activities 236,397 120,173 149
Net increase (decrease) in cash, cash equivalents and restricted cash 81,689 25,898 (60,778)
Cash, cash equivalents and restricted cash at beginning of period 91,824 65,926 126,704
Cash, cash equivalents and restricted cash at end of period 173,513 91,824 65,926
Supplemental disclosure of cash flow information      
Interest paid 506 0 0
Capitalized landlord funded tenant improvements 0 13,696 0
Reconciliation of cash, cash equivalents and restricted cash to the consolidated balance sheets      
Total cash, cash equivalents and restricted cash $ 91,824 $ 65,926 $ 126,704