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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 38,440 $ 58,856
Marketable securities - current 247,482 255,203
Accounts receivable 3,599 7,547
Prepaid expenses and other current assets 6,414 3,371
Total current assets 295,935 324,977
Marketable securities - noncurrent 9,868  
Property and equipment, net 17,206 17,061
Operating lease right-of-use assets 20,663  
Other assets 2,963 5,277
Total Assets 346,635 347,315
Current Liabilities:    
Accounts payable 4,548 2,708
Accrued expenses 11,644 10,742
Current portion of lease liability 5,505  
Current portion of deferred revenue 15,822 27,122
Total current liabilities 37,519 40,572
Deferred revenue, net of current portion 19,322 28,810
Long-term lease liability 14,142  
Other long-term liabilities   13
Commitments and contingencies (Note 6)
Stockholders’ Equity:    
Common stock, $0.0001 par value; 120,000,000 shares authorized; 48,877,297 and 45,224,480 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively 5 5
Additional paid-in capital 547,913 478,968
Accumulated other comprehensive income (loss) 336 (28)
Accumulated deficit (272,602) (201,025)
Total stockholders’ equity 275,652 277,920
Total Liabilities and Stockholders’ Equity $ 346,635 $ 347,315