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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 69,987 $ 61,349
Marketable securities 304,882 130,180
Accounts receivable 11,060 7,427
Unbilled revenue 1,969 2,909
Prepaid expenses and other current assets 3,329 3,465
Total current assets 391,227 205,330
Property and equipment, net 22,370 25,422
Restricted cash 20,660 20,719
Intangible assets, net 3,793 4,589
Other long-term assets 156 156
Total assets 438,206 256,216
Current liabilities:    
Accounts payable 5,719 7,433
Accrued expenses 14,127 10,348
Deferred revenue 9,770 5,490
Other current liabilities 543 518
Total current liabilities 30,159 23,789
Deferred revenue, net of current portion 14,656 25,508
Other long-term liabilities 129 551
Total liabilities $ 44,944 $ 49,848
Commitments and contingencies (Note 9)
Stockholders' Equity:    
Preferred stock, $0.01 par value per share; 5,000 shares authorized at September 30, 2015 and December 31, 2014, 100 shares of Series A Junior Participating Preferred Stock, $0.01 par value per share designated and no shares issued and outstanding
Common stock, $0.0001 par value per share; 100,000 shares authorized at September 30, 2015 and December 31, 2014, 68,995 shares issued and 68,876 shares outstanding at September 30, 2015 and 54,486 shares issued and outstanding at December 31, 2014 $ 6 $ 5
Additional paid-in capital 818,496 575,438
Accumulated other comprehensive income (loss) 16 (16)
Accumulated deficit (423,208) (369,059)
Treasury stock, at cost, 119 shares and zero shares at September 30, 2015 and December 31, 2014, respectively (2,048)  
Total stockholders' equity 393,262 206,368
Total liabilities and stockholders' equity $ 438,206 $ 256,216