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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash $ 77,219 $ 87,820
Accounts receivable, net 3,552 2,960
Inventory, net 1,960 2,211
Prepaid expenses and other current assets 3,383 4,467
Total current assets 86,114 97,458
Property and equipment, net 16,038 18,389
Right-of-use lease asset 15,146 15,491
Restricted cash 909 909
Total assets 118,207 132,247
Current liabilities:    
Accounts payable 1,895 4,177
Accrued expenses 7,675 9,312
Accrued payroll and related expenses 3,649 8,332
Lease liability, current portion 2,828 2,766
Total current liabilities 16,047 24,587
Lease liability, less current portion 25,745 26,481
Deferred royalty obligation, net 124,392 124,379
Other noncurrent liabilities 13,692 12,790
Total liabilities 179,876 188,237
Shareholders’ deficit:    
Common Stock, $0.0001 par value; 100,000,000 shares authorized, 27,276,734 and 27,195,469 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 3 3
Additional paid-in capital 980,344 977,432
Accumulated deficit (1,045,922) (1,037,331)
Total shareholders’ deficit (61,669) (55,990)
Total liabilities and shareholders’ deficit 118,207 132,247
Series C-1 Convertible Preferred Stock [Member]    
Shareholders’ deficit:    
Series C-12 Convertible Preferred Stock, $0.0001 par value; 11,000 shares authorized, 3,906 shares issued and outstanding at March 31, 2020 and December 31, 2019; and liquidation preference of $3,906 at March 31, 2020 and December 31, 2019 $ 3,906 $ 3,906