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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 102,403 $ 378,021
Short-term marketable securities 217,278 127,255
Accounts receivable, net of allowances of $0 at September 30, 2019 and December 31, 2018 87 620
Receivables from collaborative arrangements 4,595 10,053
Amounts due from TRC, LLC 16,661 5,422
Short-term restricted cash 7,496  
Other prepaid and current assets 7,132 11,452
Total current assets 355,652 532,823
Property and equipment, net 12,189 13,176
Long-term marketable securities 24,939 11,869
Operating lease assets 46,755  
Tax receivable 3,664  
Restricted cash 833 833
Other assets 1,305 1,534
Total assets 445,337 560,235
Current liabilities:    
Accounts payable 8,713 9,028
Accrued personnel-related expenses 25,801 23,803
Accrued clinical and development expenses 10,907 11,876
Accrued interest payable 7,568 3,086
Non-recourse notes due 2033, net 8,701  
Operating lease liabilities 6,833  
Deferred revenue 33,751 43,402
Other accrued liabilities 6,549 7,359
Total current liabilities 108,823 98,554
Convertible senior notes due 2023, net 225,622 224,818
Non-recourse notes due 2033, net 222,008 229,535
Deferred rent   7,976
Long-term operating lease liabilities 48,620  
Long-term deferred revenue 14,169 26,179
Other long-term liabilities 8,900 24,762
Commitments and contingencies
Shareholders' Deficit    
Preferred shares, $0.00001 par value: 230 shares authorized, no shares issued or outstanding 0 0
Ordinary shares, $0.00001 par value: 200,000 shares authorized; 56,762 and 55,681 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively 1 1
Additional paid-in capital 1,000,094 960,721
Accumulated other comprehensive income (loss) 94 (166)
Accumulated deficit (1,182,994) (1,012,145)
Total shareholders' deficit (182,805) (51,589)
Total liabilities and shareholders' deficit $ 445,337 $ 560,235