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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 140,017 $ 172,604
Accounts receivable, net 1,999 1,381
Inventory, net 1,977 2,020
Prepaid expenses and other current assets 5,139 5,111
Total current assets 149,132 181,116
Property and equipment, net 21,306 22,267
Right-of-use lease asset 16,482  
Restricted cash 909 909
Total assets 187,829 204,292
Current liabilities:    
Accounts payable 3,041 8,572
Accrued expenses 9,572 8,485
Accrued payroll and related expenses 2,036 7,509
Deferred rent, current portion 0 1,370
Lease liability, current portion 2,587  
Total current liabilities 17,236 25,936
Deferred rent, less current portion 0 13,609
Lease liability, less current portion 28,572  
Deferred royalty obligation, net 124,336 124,323
Other noncurrent liabilities 6,384 4,503
Total liabilities 176,528 168,371
Shareholders’ equity:    
Common Stock, $0.0001 par value; 100,000,000 shares authorized, 27,093,026 and 26,259,254 shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively 3 3
Additional paid-in capital 959,900 950,258
Accumulated deficit (952,508) (920,983)
Total shareholders’ equity 11,301 35,921
Total liabilities and shareholders’ equity 187,829 204,292
Series C-1 Convertible Preferred Stock [Member]    
Shareholders’ equity:    
Convertible preferred stock, value 3,906 3,906
Series F Convertible Preferred Stock [Member]    
Shareholders’ equity:    
Convertible preferred stock, value $ 0 $ 2,737