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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 194,905 $ 4,762
Short-term investments 1,140,445 291,370
Accounts receivable 43,213 5,014
Inventory 11,381 10,726
Advance payments to contract manufacturers 26,450 7,155
Other current assets 21,293 7,793
Total current assets 1,437,687 326,820
Long-term investments 582,889 57,088
Property, plant and equipment, net 48,851 47,463
Goodwill 76,501 76,501
Other assets 4,244 994
Total assets 2,150,172 508,866
Current liabilities:    
Accounts payable 5,854 4,782
Accrued compensation 9,937 8,263
Accrued contract manufacturing expenses 23,841 3,845
Accrued clinical trial expenses 14,700 9,461
Other accrued expenses 9,087 6,219
Interest payable 4,198 4,198
Deferred revenue, current portion 13,892 18,949
Other current liabilities 493 446
Total current liabilities 82,002 56,163
Senior secured notes, net 246,950 245,207
Liability related to the sale of future royalties, net 82,911 94,655
Deferred revenue, less current portion 10,744 19,021
Other long-term liabilities 9,990 5,992
Total liabilities 432,597 421,038
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 10,000 shares authorized; no shares designated, issued or outstanding at December 31, 2018 or 2017 0 0
Common stock, $0.0001 par value; 300,000 shares authorized; 173,530 shares and 159,524 shares issued and outstanding at December 31, 2018 and 2017, respectively 17 15
Capital in excess of par value 3,147,925 2,207,865
Accumulated other comprehensive loss (6,316) (2,111)
Accumulated deficit (1,424,051) (2,117,941)
Total stockholders’ equity 1,717,575 87,828
Total liabilities and stockholders’ equity $ 2,150,172 $ 508,866