XML 16 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 153,790 $ 140,544
Short-term marketable securities 313,069 278,417
Accounts receivable 28,989 35,690
Inventory 10,256 9,136
Prepaid expenses and other current assets 6,151 5,204
Total current assets 512,255 468,991
Long-term marketable securities 25,916 77,563
Property and equipment, net 30,581 31,003
Capitalized license fees 7,557 7,800
Other assets 2,862 2,046
Total Assets [1] 579,171 587,403
Current liabilities:    
Accounts payable 7,163 10,642
Accrued compensation 14,683 12,986
Accrued expenses 9,137 7,081
Capital lease, current 96 97
Deferred revenue 17,113 16,138
Total current liabilities 48,192 46,944
Capital lease, net of current portion 100 119
Deferred rent, net of current portion 8,975 7,844
Obligation related to royalty 7,120 7,338
Other long-term liabilities 150 206
Total Liabilities [1] 64,537 62,451
Commitments and contingencies (Note 7)
Redeemable noncontrolling interest 46,500 41,800
Stockholders’ equity:    
Common stock, par value of $0.00001 per share; 350,000,000 shares authorized as of March 31, 2019 and December 31, 2018; 86,098,474 and 85,832,454 shares issued and outstanding as of March 31, 2019 and December 31, 2018, respectively 1 1
Additional paid-in capital 771,009 764,033
Accumulated other comprehensive loss 333 (83)
Accumulated deficit (303,209) (280,799)
Total Stockholders’ Equity 468,134 483,152
Total Liabilities, Redeemable Noncontrolling Interest and Stockholders’ Equity $ 579,171 $ 587,403
[1] As of March 31, 2019 and December 31, 2018, includes $47.0 million and $48.3 million of assets, respectively, that can be used only to settle obligations of the consolidated variable interest entity (“VIE”) and VIE’s subsidiaries, and $942,000 and $1.2 million of liabilities of the consolidated VIE and VIE’s subsidiaries, respectively, for which their creditors do not have recourse to the general credit of the Company. See Note 3.