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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 85,424 $ 194,905
Short-term investments 1,429,955 1,140,445
Accounts receivable 37,299 43,213
Inventory 13,188 11,381
Advance payments to contract manufacturers 17,738 26,450
Other current assets 13,213 21,293
Total current assets 1,596,817 1,437,687
Long-term investments 276,305 582,889
Property, plant and equipment, net 65,453 48,851
Operating lease right-of-use assets 82,177 0
Goodwill 76,501 76,501
Other assets 2,400 4,244
Total assets 2,099,653 2,150,172
Current liabilities:    
Accounts payable 9,346 5,854
Accrued compensation 19,710 9,937
Accrued clinical trial expenses 29,540 14,700
Accrued contract manufacturing expenses 23,159 23,841
Other accrued expenses 13,830 9,580
Interest payable 4,144 4,198
Operating lease liabilities, current portion 3,749 0
Deferred revenue, current portion 9,892 13,892
Total current liabilities 113,370 82,002
Senior secured notes, net 247,821 246,950
Operating lease liabilities, less current portion 94,822 0
Liability related to the sale of future royalties, net 77,813 82,911
Deferred revenue, less current portion 8,029 10,744
Other long-term liabilities 643 9,990
Total liabilities 542,498 432,597
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 10,000 shares authorized; no shares designated or outstanding at June 30, 2019 or December 31, 2018 0 0
Common stock, $0.0001 par value; 300,000 shares authorized; 174,966 shares and 173,530 shares outstanding at June 30, 2019 and December 31, 2018, respectively 17 17
Capital in excess of par value 3,210,398 3,147,925
Accumulated other comprehensive loss (788) (6,316)
Accumulated deficit (1,652,472) (1,424,051)
Total stockholders’ equity 1,557,155 1,717,575
Total liabilities and stockholders’ equity $ 2,099,653 $ 2,150,172