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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 120,133 $ 150,456
Short-term marketable securities 281,848 265,198
Accounts receivable 1,867 4,846
Prepaid expenses and other current assets 9,723 4,004
Total current assets 413,571 424,504
Long-term marketable securities 6,479 15,391
Property and equipment, net 5,548 3,986
Goodwill 8,766 8,469
Intangible assets, net 30,471 29,400
Other assets 3,177 75
Total assets 468,012 481,825
Current liabilities:    
Accounts payable 5,226 5,086
Accrued clinical trial and manufacturing expenses 10,614 5,522
Accrued expenses and other liabilities 10,207 5,412
Deferred revenue 15,046 15,046
Total current liabilities 41,093 31,066
Deferred rent 932  
Contingent consideration 3,594 3,750
Deferred revenue 174,276 178,037
Deferred tax liabilities 7,840 7,350
Total liabilities $ 227,735 $ 220,203
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized at March 31, 2016 and December 31, 2015; and zero shares issued and outstanding at March 31, 2016 and December 31, 2015
Common stock, $0.0001 par value; 300,000,000 shares authorized March 31, 2016 and December 31, 2015; and 64,559,772 and 63,587,833 shares issued and outstanding at March 31, 2016 and December 31, 2015 $ 6 $ 6
Additional paid-in capital 369,009 362,807
Accumulated other comprehensive income (loss) 941 (339)
Accumulated deficit (129,679) (100,852)
Total stockholders’ equity 240,277 261,622
Total liabilities and stockholders’ equity $ 468,012 $ 481,825