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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 33,099 $ 68,454
Marketable securities 221,865 445,733
Prepaid expenses 9,108 6,718
Acquisition holdback amount placed in escrow 25,000 0
Other current assets 3,202 11,825
Total current assets 292,274 532,730
Property and equipment, net 9,782 2,870
Operating lease right-of-use assets 8,134  
Intangible assets 102,500 102,500
Goodwill 6,234 6,234
Other noncurrent assets 1,442 3,997
Total assets 420,366 648,331
Current liabilities:    
Accounts payable 7,553 7,989
Accrued and other current liabilities 23,125 18,086
Acquisition holdback liability 24,444 0
Deferred revenue, noncurrent 5,688 0
Current portion of operating lease liabilities 1,431  
Current portion of contingent consideration 35,200 32,300
Total current liabilities 97,441 58,375
Deferred revenue, noncurrent 8,113 0
Operating lease liabilities, net of current portion 11,095  
Contingent consideration, net of current portion 35,700 45,900
Deferred income taxes 17,425 17,425
Other long-term liabilities 0 3,830
Total liabilities 169,774 125,530
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value; 10,000 shares authorized; none issued and outstanding 0 0
Common stock, $0.001 par value; 100,000 and 50,000 shares authorized and 44,251 and 42,078 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively 44 42
Additional paid-in capital 1,309,523 1,218,710
Accumulated deficit (1,059,397) (695,954)
Accumulated other comprehensive income 422 3
Total stockholders’ equity 250,592 522,801
Total liabilities and stockholders’ equity $ 420,366 $ 648,331