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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 210,314 $ 272,127
Restricted cash 4,348 2,221
Investments 8,114 28,239
Trade receivables 27,620 8,646
Inventories 9,846 7,039
Prepaid expenses and other current assets 5,560 5,528
Total current assets 265,802 323,800
Property and equipment, net 7,669 7,113
Other assets 3,813 3,802
Total assets 277,284 334,715
Liabilities and Stockholders’ Equity    
Accounts payable 10,087 18,713
Accrued expenses 48,765 33,942
Interest payable 25,217 21,670
Deferred revenue 551 150
Lease financing obligation 981 1,179
Non-recourse notes payable 30,000 30,000
Total current liabilities 115,601 105,654
Lease financing obligation 4,100 3,871
Royalty financing obligation 136,862 124,717
Secured term loan 126,796 119,735
Stockholders’ equity:    
Preferred stock, $0.001 par value; shares authorized - 5,000; no shares issued and outstanding 0 0
Common stock, $0.01 par value: shares authorized - 450,000; shares issued and outstanding – 178,725 in 2021 and 176,883 in 2020 1,787 1,769
Additional paid-in capital 1,022,975 1,002,408
Accumulated other comprehensive income 87 3
Accumulated deficit (1,130,924) (1,023,442)
Total stockholders’ equity (106,075) (19,262)
Total liabilities and stockholders’ equity $ 277,284 $ 334,715