XML 30 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash $ 87,820 $ 172,604
Accounts receivable, net 2,960 1,381
Inventory, net 2,211 2,020
Prepaid expenses and other current assets 4,467 5,111
Total current assets 97,458 181,116
Property and equipment, net 18,389 22,267
Right-of-use lease asset 15,491  
Restricted cash 909 909
Restricted cash   909
Total assets 132,247 204,292
Current liabilities:    
Accounts payable 4,177 8,572
Accrued expenses 9,312 8,485
Accrued payroll and related expenses 8,332 7,509
Lease liability, current portion 2,766  
Deferred rent, current portion 0 1,370
Total current liabilities 24,587 25,936
Lease liability, less current portion 26,481  
Deferred rent, less current portion 0 13,609
Deferred royalty obligation, net   124,323
Other noncurrent liabilities 12,790 4,503
Total liabilities 188,237 168,371
Commitments and contingencies (Note 10)
Shareholders’ (deficit) equity:    
Common Stock, $0.0001 par value; 100,000,000 shares authorized, 27,195,469 and 26,259,254 shares issued and outstanding at December 31, 2019 and December 31, 2018, respectively 3 3
Additional paid-in capital 977,432 950,258
Accumulated deficit (1,037,331) (920,983)
Total shareholders’ (deficit) equity (55,990) 35,921
Total liabilities and shareholders’ (deficit) equity 132,247 204,292
Series C-1 Convertible Preferred Stock [Member]    
Shareholders’ (deficit) equity:    
Convertible preferred stock, value 3,906 3,906
Series F Convertible Preferred Stock [Member]    
Shareholders’ (deficit) equity:    
Convertible preferred stock, value $ 0 $ 2,737