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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 106,307 $ 144,353
Marketable securities 50,996 91,126
Restricted cash 28,234 30,314
Prepaid expenses and other current assets 17,774 22,037
Total current assets 203,311 287,830
Restricted cash 890 4,590
Property and equipment, net 35,987 40,184
Intangible assets, net 7,873 9,225
Goodwill 53,563 51,673
Other non-current assets 869 799
Total assets 302,493 394,301
Current liabilities:    
Accounts payable 5,613 5,685
Accrued expenses 29,610 24,508
Accrued interest 5,078 5,078
Deferred revenue 25,625 30,079
Other current liabilities 7,749 1,056
Total current liabilities 73,675 66,406
Deferred revenue 2,500 2,500
Convertible notes payable 317,763 316,339
Other non-current liabilities 10,287 14,602
Total liabilities 404,225 399,847
Commitments and contingencies
Stockholders’ deficit:    
Preferred stock, $0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding at December 31, 2017 and 2016 0 0
Common stock, $0.01 par value, 600,000,000 shares authorized at December 31, 2017 and 2016; and 323,684,820 shares issued and 323,229,390 shares outstanding at December 31, 2017 and 271,701,397 shares issued and 271,245,967 shares outstanding at December 31, 2016 3,237 2,717
Additional paid-in capital 1,020,457 935,997
Accumulated deficit (1,114,359) (929,996)
Treasury stock, 455,430 shares, cost basis at both December 31, 2017 and 2016 (2,450) (2,450)
Accumulated other comprehensive loss (8,617) (11,814)
Total stockholders’ deficit (101,732) (5,546)
Total liabilities and stockholders’ deficit $ 302,493 $ 394,301