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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 113,957 $ 72,280
Short-term marketable securities 157,385 149,040
Accounts receivable 14,640 12,787
Inventory 7,075 7,287
Prepaid expenses and other current assets 4,024 1,541
Total current assets 297,081 242,935
Long-term marketable securities 2,963 73,254
Property and equipment, net 30,318 16,036
Deferred offering costs 4,257 0
Other assets 1,936 1,974
Total Assets 344,599 342,938
Current liabilities:    
Accounts payable 13,081 4,998
Accrued compensation 7,430 4,911
Accrued expenses 7,482 6,406
Capital lease, current 102 199
Deferred revenue 3,955 3,113
Total current liabilities 32,050 19,627
Capital lease, net of current portion 137 460
Deferred rent, net of current portion 7,623 6,537
Obligation related to royalty 7,446 7,708
Other long-term liabilities 206 0
Total Liabilities 47,462 34,332
Commitments and contingencies (Note 8)
Redeemable noncontrolling interest 41,950 0
Stockholders’ equity:    
Convertible preferred stock, par value of $0.00001 per share; 80,104,464 shares authorized as of September 30, 2018 and December 31, 2017; 78,627,369 shares issued and outstanding as of September 30, 2018 and December 31, 2017 with aggregate liquidation preference of $501,410 as of September 30, 2018 499,974 499,974
Common stock, par value of $0.00001 per share; 111,853,396 shares authorized as of September 30, 2018 and December 31, 2017; 13,002,822 and 11,896,882 shares issued and outstanding as of September 30, 2018 and December 31, 2017 0 0
Additional paid-in capital 11,421 4,900
Accumulated other comprehensive loss (531) (532)
Accumulated deficit (255,677) (195,736)
Total Stockholders’ Equity 255,187 308,606
Total Liabilities, Redeemable Noncontrolling Interest and Stockholders’ Equity 344,599 342,938
Patent Licensing Agreement    
Current assets:    
Capitalized license fees $ 8,044 $ 8,739