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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 147,304 $ 127,789
Marketable securities 224,338 264,589
Accounts receivable, net 2,397 410
Inventories 2,525 1,799
Prepaid expenses and other current assets 4,023 3,403
Total current assets 380,587 397,990
Property and equipment, net 10,964 11,189
Long-term investments 4,938 31,538
Restricted cash 600 600
Total assets 397,089 441,317
Current liabilities:    
Accounts payable 3,420 6,222
Accrued expenses and other current liabilities 11,060 14,383
Current portion of long-term debt 9,967 9,967
Total current liabilities 24,447 30,572
Long-term debt, net 10,612 12,936
2024 convertible notes, net 138,983 137,107
Other long-term liabilities 440 428
Total liabilities 174,482 181,043
Commitments and contingencies
Preferred stock, $0.001 par value; 10,000,000 shares authorized at March 31, 2018 and December 31, 2017 and 0 shares issued and outstanding at March 31, 2018 and December 31, 2017 0 0
Stockholders’ equity:    
Common stock, $0.001 par value; 100,000,000 shares authorized; 37,632,589 and 37,610,897 shares issued and outstanding, at March 31, 2018 and December 31, 2017, respectively 38 38
Additional paid-in capital 613,881 609,810
Accumulated other comprehensive loss (576) (407)
Accumulated deficit (390,736) (349,167)
Total stockholders’ equity 222,607 260,274
Total liabilities and stockholders’ equity $ 397,089 $ 441,317