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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 56,356 $ 52,069
Investments, available-for-sale 150,040 162,090
Unbilled accounts receivable 2,826 3,577
Prepaid expenses and other current assets 4,736 2,689
Total current assets 213,958 220,425
Investments, available-for-sale 29,929 54,059
Property and equipment, net 6,081 6,188
Other assets 1,413 856
Restricted cash 1,267 1,267
Total assets 252,648 282,795
Current liabilities:    
Accounts payable 2,282 2,211
Accrued expenses 10,346 11,746
Current portion of deferred revenue 10,396 11,426
Current portion of lease incentive obligation 578 578
Current portion of deferred rent 17  
Current portion of term loan payable 2,140 2,551
Total current liabilities 25,759 28,512
Deferred rent, net of current portion 924 932
Deferred revenue, net of current portion 33,824 35,809
Lease incentive obligation, net of current portion 2,648 2,792
Term loan payable, net of current portion 1,106 1,518
Other long term liabilities 165 154
Commitments (Note 10)
Stockholders' deficit:    
Preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued and outstanding
Common stock, $0.001 par value; 120,000,000 shares authorized; 33,249,614 and 33,125,479 shares issued at March 31, 2017 and December 31, 2016, respectively, and 33,249,360 and 33,123,354 shares outstanding at March 31, 2017 and December 31, 2016, respectively 33 33
Additional paid-in capital 423,750 420,533
Accumulated other comprehensive loss (114) (18)
Accumulated deficit (235,447) (207,470)
Total stockholders' equity 188,222 213,078
Total liabilities and stockholders' equity $ 252,648 $ 282,795