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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 46,399 $ 68,789
Held-to-maturity investments 133,980 44,889
Withholding tax receivable   1,583
Prepaid expenses and other current assets 3,107 3,415
Total current assets 183,486 118,676
NONCURRENT ASSETS:    
Property and equipment, net 1,212 1,512
Restricted cash equivalents 744 744
Other noncurrent assets 66 70
Total noncurrent assets 2,022 2,326
TOTAL ASSETS 185,508 121,002
CURRENT LIABILITIES:    
Accounts payable 3,595 4,920
Accrued expenses and other current liabilities 8,101 5,726
Litigation settlement payable 12,797  
Current portion of deferred revenue 4,635 6,180
Total current liabilities 29,128 16,826
NONCURRENT LIABILITIES:    
Deferred revenue, net of current portion   3,090
Total noncurrent liabilities   3,090
TOTAL LIABILITIES 29,128 19,916
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.0001 par value – 5,000,000 shares authorized; no shares issued or outstanding at September 30, 2018 or December 31, 2017
Common stock, $0.0001 par value – 150,000,000 shares authorized; 61,889,206 and 51,644,841 shares issued and outstanding at September 30, 2018 and December 31, 2017, respectively 6 5
Additional paid-in capital 542,572 417,037
Accumulated deficit (386,198) (315,956)
Total stockholders’ equity 156,380 101,086
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 185,508 $ 121,002