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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 210,631 $ 142,837
Investments in marketable securities 298,451 309,903
Accounts receivable 44,828 33,284
Inventories 15,767 14,041
Prepaid expenses and other current assets 15,600 20,008
Total current assets 585,277 520,073
Operating lease right-of-use assets, less accumulated amortization of $6,850 and $5,342 at September 30, 2020 and December 31, 2019, respectively 23,397 33,315
Property and equipment, less accumulated depreciation of $23,582 and $17,604 at September 30, 2020 and December 31, 2019, respectively 44,618 47,705
In-process research & development 23,000 23,000
Goodwill 197,797 197,797
Other non-current assets 26,453 28,317
Total Assets 900,542 850,207
Current liabilities:    
Accounts payable 14,764 21,722
Accrued expenses and other current liabilities 89,595 99,901
Operating lease liabilities 7,368 7,189
Total current liabilities 111,727 128,812
Deferred reimbursements 8,906 8,906
Long-term debt 388,584 149,505
Contingent consideration payable 16,561 22,681
Deferred income taxes 5,051 5,051
Operating lease liabilities 44,627 53,531
Other non-current liabilities 4,817 5,296
Total liabilities 580,273 373,782
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value, 500,000,000 shares authorized, 259,600,650 and 255,417,869 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively 2,626 2,598
Additional paid-in capital 2,274,797 2,227,225
Accumulated other comprehensive loss:    
Foreign currency translation adjustment 4,576 2,785
Unrealized (loss) gain on available-for-sale securities (56) 40
Warrants 12,387 12,387
Accumulated deficit (1,974,061) (1,768,610)
Total stockholders’ equity 320,269 476,425
Total Liabilities and Stockholders’ Equity $ 900,542 $ 850,207