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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 420,146 $ 645,361
Marketable debt securities 662,803 1,045,257
Marketable equity securities 1,206  
Accounts receivable, net 18,760 34,002
Inventory 24,068  
Prepaid expenses and other current assets 73,713 40,120
Total current assets 1,200,696 1,764,740
Marketable debt securities   13,919
Property, plant and equipment, net 320,658 181,900
Restricted investments 44,825 30,000
Other assets 8,623 4,171
Total assets 1,574,802 1,994,730
Current liabilities:    
Accounts payable 59,708 28,355
Accrued expenses 112,719 72,203
Deferred rent 3,571 1,988
Deferred revenue 3,496 41,705
Total current liabilities 179,494 144,251
Deferred rent, net of current portion 57,920 6,626
Deferred revenue, net of current portion 458 43,075
Long-term debt 30,000 30,000
Other liabilities 4,965 4,347
Total liabilities 272,837 228,299
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Preferred stock, $0.01 par value per share, 5,000,000 shares authorized and no shares issued and outstanding at December 31, 2018 and 2017
Common stock, $0.01 par value per share, 125,000,000 shares authorized; 101,177,007 shares issued and outstanding at December 31, 2018; 99,666,549 shares issued and outstanding at December 31, 2017 1,011 997
Additional paid-in capital 4,175,139 3,947,552
Accumulated other comprehensive loss (33,213) (34,433)
Accumulated deficit (2,840,972) (2,147,685)
Total stockholders’ equity 1,301,965 1,766,431
Total liabilities and stockholders’ equity $ 1,574,802 $ 1,994,730