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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 346,629 $ 327,214
Marketable securities 564,054 779,246
Prepaid expenses 40,209 32,888
Receivables and other current assets 16,575 12,826
Total current assets 967,467 1,152,174
Marketable securities 107,674 131,506
Property, plant and equipment, net 153,920 151,176
Intangible assets, net 13,254 14,326
Goodwill 13,128 13,128
Operating lease right-of-use assets 194,469 185,885
Restricted cash and other non-current assets 79,192 79,229
Total assets 1,529,104 1,727,424
Current liabilities:    
Accounts payable 30,527 42,995
Accrued expenses and other current liabilities 118,091 141,556
Operating lease liability, current portion 20,380 20,175
Deferred revenue, current portion 6,355 8,474
Collaboration research advancement, current portion 9,069 10,380
Total current liabilities 184,422 223,580
Deferred revenue, net of current portion 9,791 9,791
Collaboration research advancement, net of current portion 26,843 27,834
Contingent consideration 4,869 7,977
Operating lease liability, net of current portion 179,962 170,812
Other non-current liabilities 2,784 2,437
Total liabilities 408,671 442,431
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Preferred stock, $0.01 par value, 5,000 shares authorized; 0 shares issued and outstanding at March 31, 2020 and December 31, 2019 0 0
Common stock, $0.01 par value, 125,000 shares authorized; 55,620 and 55,368 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 556 554
Additional paid-in capital 3,607,139 3,568,184
Accumulated other comprehensive loss (2,799) (1,893)
Accumulated deficit (2,484,463) (2,281,852)
Total stockholders’ equity 1,120,433 1,284,993
Total liabilities and stockholders’ equity $ 1,529,104 $ 1,727,424