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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 599,691 $ 122,420
Short-term investments 479,369 195,425
Accounts receivable 29,468 5,228
Inventory 83,605 12,813
Restricted investment   10,695
Other current assets 36,511 26,895
Total Current Assets 1,228,644 373,476
Property and equipment, net of accumulated depreciation of $18,022 and $30,346 as of December 31, 2017 and 2016, respectively 43,156 37,801
Intangible assets, net of accumulated amortization of $4,145 and $3,134 as of December 31, 2017 and 2016, respectively 14,355 8,076
Investments and other assets 21,809 4,751
Total Assets 1,307,964 424,104
Current Liabilities:    
Accounts payable 8,467 29,690
Accrued expenses 68,982 31,016
Current portion of long-term debt 6,175 10,108
Deferred revenue 3,316 3,303
Other current liabilities 1,392 1,305
Total Current Liabilities 88,332 75,422
Long-term debt 424,876 6,042
Deferred rent and other 5,539 5,949
Total Liabilities 518,747 87,413
Commitments and contingencies (Note 19)
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; 64,791,670 and 54,759,234 issued and outstanding at December 31, 2017 and 2016, respectively 6 5
Additional paid-in capital 2,006,598 1,503,126
Accumulated other comprehensive loss (379) (120)
Accumulated deficit (1,217,008) (1,166,320)
Total Stockholders’ Equity 789,217 336,691
Total Liabilities and Stockholders’ Equity $ 1,307,964 $ 424,104