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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
[1]
Current assets:    
Cash and cash equivalents $ 87,226 $ 73,336
Short-term marketable securities 20,316 55,739
Related party receivables from collaborative arrangements 70,542 70,540
Prepaid expenses and other current assets 576 754
Total current assets 178,660 200,369
Property and equipment, net 185 209
Capitalized fees paid to a related party, net 159,810 166,722
Other assets 37 37
Total assets 338,692 367,337
Current liabilities:    
Accounts payable 58 601
Accrued personnel-related expenses 695 1,721
Accrued interest payable 5,115 5,920
Other accrued liabilities 909 1,500
Current portion of long-term debt 0 25,000
Total current liabilities 6,777 34,742
Long-term debt, net of current portion, discount and issuance costs 486,527 574,362
Other long-term liabilities 752 940
Commitments and contingencies
Stockholders' deficit:    
Preferred stock: $0.01 par value, 230 shares authorized, no shares issued and outstanding
Common stock: $0.01 par value, 200,000 shares authorized, 101,657 and 102,046 shares issued as of June 30, 2018 and December 31, 2017, respectively 1,015 1,019
Treasury stock: 150 shares as of June 30, 2018 and December 31, 2017 (3,263) (3,263)
Additional paid-in capital 1,259,443 1,258,151
Accumulated other comprehensive loss (10) (18)
Accumulated deficit (1,414,541) (1,498,748)
Total Innoviva stockholders' deficit (157,356) (242,859)
Noncontrolling interest 1,992 152
Total stockholders' deficit (155,364) (242,707)
Total liabilities and stockholders' deficit $ 338,692 $ 367,337
[1] *Condensed consolidated balance sheet as of December 31, 2017 has been derived from audited consolidated financial statements.