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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 64,833 $ 111,355
Investments 192,950 94,375
Prepaid expenses and other assets 5,846 3,358
Total current assets 263,629 209,088
Property and equipment, net 9,844 2,027
Goodwill 30,815 30,815
Restricted cash 1,525 1,436
Deposits 455 545
Operating lease right-of-use assets 2,452 0
Investments 0 7,402
Total assets 308,720 251,313
Current liabilities:    
Accounts payable and accrued expenses 14,168 15,372
Operating lease liabilities, current 913 0
Total current liabilities 15,081 15,372
Convertible notes, net of unamortized discount 43,180 41,447
Operating lease liabilities, non-current 1,933 0
Other liabilities 22 457
Total liabilities 60,216 57,276
Commitments and contingencies (Note 11)
Stockholders' equity:    
Common stock, $0.01 par value, 120,000,000 shares authorized; 50,332,435 and 45,194,736 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively 503 452
Treasury stock, at cost, 22,308 and 50,000 common shares at June 30, 2019 and December 31, 2018, respectively (344) (668)
Additional paid-in capital 392,205 300,253
Accumulated other comprehensive income (loss) 144 (127)
Accumulated deficit (144,004) (105,873)
Total stockholders' equity 248,504 194,037
Total liabilities and stockholders' equity 308,720 251,313
Series A Convertible Preferred Shares [Member]    
Stockholders' equity:    
Preferred shares 0 0
Series B Convertible Preferred Shares [Member]    
Stockholders' equity:    
Preferred shares $ 0 $ 0