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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 123,231 $ 142,837
Investments in marketable securities 215,642 309,903
Accounts receivable 40,555 33,284
Inventories 12,831 14,041
Prepaid expenses and other current assets 15,690 20,008
Total current assets 407,949 520,073
Operating lease right-of-use assets, less accumulated amortization of $6,260 and $5,342 at March 31, 2020 and December 31, 2019, respectively 32,501 33,315
Property and equipment, less accumulated depreciation of $19,260 and $17,604 at March 31, 2020 and December 31, 2019, respectively 47,688 47,705
In-process research & development 23,000 23,000
Goodwill 197,797 197,797
Other non-current assets 29,414 28,317
Total Assets 738,349 850,207
Current liabilities:    
Accounts payable 16,239 21,722
Accrued expenses and other current liabilities 66,722 98,651
Deferred reimbursements 1,250 1,250
Operating lease liabilities 7,503 7,189
Total current liabilities 91,714 128,812
Deferred reimbursements 8,906 8,906
Convertible notes 2,167 2,131
Senior secured term loan 147,569 147,374
Contingent consideration payable 23,612 22,681
Deferred income taxes 5,051 5,051
Operating lease liabilities 52,522 53,531
Other non-current liabilities 4,214 5,296
Total liabilities 335,755 373,782
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value, 500,000,000 shares authorized, 257,449,955 and 255,417,869 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 2,607 2,598
Additional paid-in capital 2,238,346 2,227,225
Accumulated other comprehensive loss:    
Foreign currency translation adjustment 6,981 2,785
Unrealized (loss) gain on available-for-sale securities (169) 40
Warrants 12,387 12,387
Accumulated deficit (1,857,558) (1,768,610)
Total stockholders’ equity 402,594 476,425
Total Liabilities and Stockholders’ Equity $ 738,349 $ 850,207