XML 12 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
[1]
Current assets:    
Cash and cash equivalents $ 48,615 $ 73,336
Short-term marketable securities 6,865 55,739
Related party receivables from collaborative arrangements 65,136 70,540
Prepaid expenses and other current assets 513 754
Total current assets 121,129 200,369
Property and equipment, net 173 209
Capitalized fees paid to a related party, net 156,354 166,722
Other assets 37 37
Total assets 277,693 367,337
Current liabilities:    
Accounts payable 109 601
Accrued personnel-related expenses 1,550 1,721
Accrued interest payable 1,775 5,920
Other accrued liabilities 865 1,500
Current portion of long-term debt 0 25,000
Total current liabilities 4,299 34,742
Long-term debt, net of current portion, discount and issuance costs 381,002 574,362
Other long-term liabilities 668 940
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, 101,189 and 102,046 shares issued as of September 30, 2018 and December 31, 2017, respectively 1,011 1,019
Treasury stock: 150 shares as of September 30, 2018 and December 31, 2017 (3,263) (3,263)
Additional paid-in capital 1,258,350 1,258,151
Accumulated other comprehensive loss (3) (18)
Accumulated deficit (1,367,452) (1,498,748)
Total Innoviva stockholders' deficit (111,357) (242,859)
Noncontrolling interest 3,081 152
Total stockholders' deficit (108,276) (242,707)
Total liabilities and stockholders' deficit $ 277,693 $ 367,337
[1] Condensed consolidated balance sheet as of December 31, 2017 has been derived from audited consolidated financial statements.