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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 271,953 $ 293,503
Prepaid expenses 8,547 5,994
Other current assets 827 5,206
Total current assets 281,327 304,703
Property and equipment, net 287 245
Intangible assets 102,500 102,500
Goodwill 6,234 6,234
Other assets 1,509 3,931
Total assets 391,857 417,613
Current liabilities:    
Accounts payable 2,866 3,356
Accrued expenses 16,024 10,499
Accrued compensation 3,691 6,616
Common stock warrant liabilities 495 512
Total current liabilities 23,076 20,983
Contingent consideration 76,900 76,900
Deferred income taxes 17,425 17,425
Other long-term liabilities 684 784
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.001 par value; 50,000 shares authorized; 34,973 and 34,808 shares issued and outstanding at March 31, 2018 and December 31, 2017, respectively 35 35
Additional paid-in capital 875,957 873,526
Accumulated deficit (602,220) (572,040)
Total stockholders’ equity 273,772 301,521
Total liabilities and stockholders’ equity $ 391,857 $ 417,613