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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 174,653 $ 140,544
Short-term marketable securities 370,974 278,417
Accounts receivable 40,363 35,690
Inventory 14,176 9,136
Prepaid expenses and other current assets 4,082 5,204
Total current assets 604,248 468,991
Long-term marketable securities 277,301 77,563
Property and equipment, net 34,811 31,003
Intangible assets 8,987 0
Goodwill   0
Capitalized license fees 7,313 7,800
Deferred tax assets 1,235 0
Other assets 3,159 2,046
Total Assets [1] 939,989 587,403
Current liabilities:    
Accounts payable 15,700 10,642
Accrued compensation 13,687 12,986
Accrued expenses 11,092 7,081
Capital lease, current 74 97
Deferred revenue 16,496 16,138
Total current liabilities 57,049 46,944
Capital lease, net of current portion 80 119
Deferred rent, net of current portion 10,912 7,844
Obligation related to royalty 7,136 7,338
Deferred tax liabilities 1,235 0
Other long-term liabilities 1,303 206
Total Liabilities [1] 77,715 62,451
Commitments and contingencies (Note 8)
Redeemable noncontrolling interest 46,800 41,800
Stockholders’ equity:    
Common stock, par value of $0.00001 per share; 350,000,000 shares authorized as of June 30, 2019 and December 31, 2018; 92,806,252 and 85,832,454 shares issued and outstanding as of June 30, 2019 and December 31, 2018, respectively 1 1
Additional paid-in capital 1,128,938 764,033
Accumulated other comprehensive loss 1,344 (83)
Accumulated deficit (314,809) (280,799)
Total Stockholders’ Equity 815,474 483,152
Total Liabilities, Redeemable Noncontrolling Interest and Stockholders’ Equity $ 939,989 $ 587,403
[1] As of June 30, 2019 and December 31, 2018, includes $45.1 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 $984,000 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.