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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 147,188 $ 140,544
Short-term marketable securities 375,768 278,417
Accounts receivable 39,689 35,690
Inventory 14,760 9,136
Prepaid expenses and other current assets 5,657 5,204
Total current assets 583,062 468,991
Long-term marketable securities 302,624 77,563
Property and equipment, net 40,759 31,003
Intangible assets 8,755 0
Goodwill 2,928 0
Capitalized license fees 7,133 7,800
Other assets 3,073 2,046
Total Assets [1] 948,334 587,403
Current liabilities:    
Accounts payable 12,054 10,642
Accrued compensation 24,604 12,986
Accrued expenses 17,239 7,081
Capital lease, current 80 97
Deferred rent, current 745 0
Deferred revenue 13,095 16,138
Total current liabilities 67,817 46,944
Capital lease, net of current portion 57 119
Deferred rent, net of current portion 10,564 7,844
Obligation related to royalty 6,780 7,338
Other long-term liabilities 1,220 206
Total Liabilities [1] 86,438 62,451
Commitments and contingencies (Note 8)
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 September 30, 2019 and December 31, 2018; 93,853,390 and 85,832,454 shares issued and outstanding as of September 30, 2019 and December 31, 2018, respectively 1 1
Additional paid-in capital 1,141,885 764,033
Accumulated other comprehensive loss 1,109 (83)
Accumulated deficit (327,599) (280,799)
Total Stockholders’ Equity 815,396 483,152
Total Liabilities, Redeemable Noncontrolling Interest and Stockholders’ Equity $ 948,334 $ 587,403
[1] As of September 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 $3.0 million 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.