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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 38,001 $ 80,304
Short-term investments 91,155 112,187
Accounts receivable 3,990 3,977
Restricted investment 10,695 10,695
Other current assets 16,885 17,380
Total current assets 160,726 224,543
Restricted cash and investments 783 783
Property and equipment, net of accumulated depreciation of $25,826 and $24,594 as of March 31, 2016 and December 31, 2015, respectively 36,982 37,344
Patent costs, net of accumulated amortization of $2,774 and $2,620 as of March 31, 2016 and December 31, 2015, respectively 6,728 6,642
Other non-current assets 8,145 4,470
Total assets 213,364 273,782
Current Liabilities:    
Accounts payable 18,673 20,234
Accrued expenses 24,277 29,053
Current portion of long-term debt 7,604 5,936
Current portion of notes payable   2,493
Deferred revenue 3,303 3,303
Other current liabilities 1,303 1,275
Total current liabilities 55,160 62,294
Long-term debt 13,373 14,969
Deferred rent and other 5,869 6,172
Total liabilities $ 74,402 $ 83,435
Commitments and contingencies (Note 10)
Stockholders’ Equity:    
Preferred stock, $.0001 par value, 3,333,333 shares authorized; none issued and outstanding
Common stock, $.0001 par value, 99,000,000 shares authorized; 45,767,497 and 45,629,529 issued and outstanding at March 31, 2016 and December 31, 2015, respectively $ 5 $ 5
Additional paid-in capital 1,097,787 1,089,508
Accumulated other comprehensive loss (5) (111)
Accumulated deficit (958,825) (899,055)
Total stockholders’ equity 138,962 190,347
Total liabilities and stockholders’ equity $ 213,364 $ 273,782