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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 52,151 $ 41,135
Marketable securities 210,441 265,744
Accounts receivable, net 5,621 4,933
Inventory, net 8,157 6,677
Prepaid expenses and other current assets 7,722 7,375
Total current assets 284,092 325,864
Property and Equipment, at cost:    
Computer equipment and computer software 15,827 14,025
Laboratory equipment 13,496 12,786
Leasehold improvements 10,757 7,118
Buildings 4,792 4,777
Assets under construction 4,735 8,038
Furniture and fixtures 1,825 1,265
Property and Equipment, gross 51,432 48,009
Less-Accumulated depreciation (16,386) (13,913)
Net property and equipment 35,046 34,096
Other long-term assets 4,650 4,070
Total assets 323,788 364,030
Current Liabilities:    
Accounts payable 2,841 3,308
Accrued liabilities 20,477 22,253
Debt and capital lease obligation, current portion 169 166
Other short-term liabilities 1,191 996
Total current liabilities 24,678 26,723
Long-term debt 4,750 4,789
Other long-term liabilities 4,893 4,601
Lease incentive obligation, less current portion 1,134 1,061
Total liabilities $ 35,455 $ 37,174
Commitments and contingencies
Stockholders' Equity:    
Preferred stock, $0.01 par value Authorized—5,000,000 shares issued and outstanding—no shares at March 31, 2016 and December 31, 2015
Common stock, $0.01 par value Authorized—200,000,000 shares issued and outstanding—97,737,710 and 96,674,786 shares at March 31, 2016 and December 31, 2015 $ 978 $ 968
Additional paid-in capital 913,455 904,931
Accumulated other comprehensive loss (17) (433)
Accumulated deficit (626,083) (578,610)
Total stockholders' equity 288,333 326,856
Total liabilities and stockholders’ equity $ 323,788 $ 364,030