XML 16 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 152,239 $ 143,228
Short-term marketable securities 367,853 379,574
Accounts receivable, net 48,015 47,986
Inventory 25,148 15,181
Prepaid expenses and other current assets 14,137 11,389
Total current assets 607,392 597,358
Long-term marketable securities 238,206 268,783
Property and equipment, net 46,685 43,668
Right-of-use assets 30,132 29,140
Intangible assets, net 17,681 8,524
Goodwill 3,290 3,290
Capitalized license fees 60 6,890
Other assets 4,721 4,882
Total assets [1] 948,167 962,535
Current liabilities:    
Accounts payable 24,378 16,197
Accrued compensation 22,935 18,557
Accrued expenses 23,073 25,703
Deferred revenue 11,936 12,277
Total current liabilities 82,322 72,734
Long-term operating lease liabilities 33,773 33,256
Obligation related to royalty 0 6,880
Other long-term liabilities 1,459 1,672
Total liabilities [1] 117,554 114,542
Redeemable noncontrolling interest 45,500 49,600
Stockholders’ equity:    
Common stock, par value of $0.00001 per share; 350,000,000 shares authorized as of March 31, 2020 and December 31, 2019; 94,509,011 and 94,261,414 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively 1 1
Additional paid-in capital 1,157,945 1,150,090
Accumulated other comprehensive income 7,705 1,111
Accumulated deficit (380,538) (352,809)
Total Stockholders’ Equity 785,113 798,393
Total Liabilities, Redeemable Noncontrolling Interest and Stockholders’ Equity $ 948,167 $ 962,535
[1] As of March 31, 2020 and December 31, 2019, includes $42.0 million and $45.1 million of assets, respectively, that can be used only to settle obligations of the consolidated variable interest entity (“VIE”) and VIE’s subsidiaries, and $4.6 million and $5.7 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, Investment in Joint Venture.