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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 113,402 $ 106,307
Marketable securities 30,358 50,996
Restricted cash 19,548 28,234
Prepaid expenses and other current assets 17,726 17,774
Total current assets 181,034 203,311
Restricted cash 891 890
Property and equipment, net 32,422 35,987
Intangible assets, net 7,575 7,873
Goodwill 53,286 53,563
Other non-current assets 859 869
Total assets 276,067 302,493
Current liabilities:    
Accounts payable 5,770 5,613
Accrued expenses 19,225 29,610
Accrued interest 2,031 5,078
Deferred revenue 16,377 25,625
Other current liabilities 1,501 7,749
Total current liabilities 44,904 73,675
Deferred revenue 2,500 2,500
Convertible notes payable 318,119 317,763
Other non-current liabilities 9,913 10,287
Total liabilities 375,436 404,225
Commitments and contingencies 0 0
Stockholders’ deficit:    
Preferred stock, $0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding as of March 31, 2018 and December 31, 2017, respectively 0 0
Common stock, $0.01 par value, 600,000,000 shares authorized at March 31, 2018 and December 31, 2017; 347,204,416 shares issued and 346,748,986 shares outstanding at March 31, 2018 and 323,684,820 shares issued and 323,229,390 shares outstanding at December 31, 2017 3,472 3,237
Additional paid-in capital 1,069,391 1,020,457
Accumulated deficit (1,160,711) (1,114,359)
Treasury stock, 455,430 shares, cost basis at both March 31, 2018 and December 31, 2017 (2,450) (2,450)
Accumulated other comprehensive loss (9,071) (8,617)
Total stockholders’ deficit (99,369) (101,732)
Total liabilities and stockholders’ deficit $ 276,067 $ 302,493