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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 54,539 $ 73,933
Investments 138,704 131,149
Prepaid expenses and other current assets 5,126 2,528
Total current assets 198,369 207,610
Property and equipment, net 36,125 7,751
Long-term investments 36,752  
Restricted cash 1,400 1,539
Total assets 272,646 216,900
Current liabilities:    
Accounts payable 7,587 5,397
Accrued expenses and other current liabilities 10,812 5,523
Deferred revenue - related party 12,058  
Total current liabilities 30,457 10,920
Lease incentive obligation, net of current portion 10,730 586
Deferred rent 2,072  
Deferred revenue, net of current portion - related party 96,756  
Total liabilities 140,015 11,506
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized at December 31, 2016 and 2015; no shares issued and outstanding at December 31, 2016 and 2015
Common stock, $0.001 par value; 200,000,000 shares authorized at December 31, 2016 and 2015; 40,355,753 and 39,082,017 shares issued and outstanding at December 31, 2016 and 2015 40 39
Additional paid-in capital 306,931 287,937
Accumulated other comprehensive income (loss) (149) 30
Accumulated deficit (174,191) (82,612)
Total stockholders’ equity 132,631 205,394
Total liabilities, convertible preferred stock and stockholders’ equity $ 272,646 $ 216,900