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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 218,228 $ 241,738
Short-term investments 150,000 150,000
Accounts receivable, net of allowance for doubtful accounts of $1,385 and $1,245 as of March 31, 2020 and December 31, 2019, respectively 52,446 40,875
Inventories 19,245 28,983
Deferred costs, current 22,595 16,051
Prepaid expenses and other current assets 13,869 9,860
Total current assets 476,383 487,507
Property and equipment, net 12,835 10,354
Operating lease right-of-use assets 17,189  
Restricted cash, noncurrent 1,270 1,270
Goodwill 35,801 35,801
Intangible assets, net 15,773 16,469
Deferred costs, noncurrent 10,495 5,700
Other noncurrent assets 215 3,460
TOTAL ASSETS 569,961 560,561
Current liabilities:    
Accounts payable 8,509 8,362
Accrued expenses and other current liabilities 29,068 27,801
Deferred revenue, current 5,351 3,945
Advance payments from partner, current 1,767 1,767
Total current liabilities 44,695 41,875
Operating lease liabilities, noncurrent 15,476  
Deferred revenue, noncurrent 748 654
Advance payment from partner, noncurrent 7,754 7,754
Other noncurrent liabilities 0 2,914
TOTAL LIABILITIES 68,673 53,197
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Preferred stock, par value of $0.001 per share; 100,000 shares authorized as of March 31, 2020 and December 31, 2019, respectively; zero shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively 0 0
Common stock, par value of $0.001 per share; 900,000 shares authorized as of March 31, 2020 and December 31, 2019, respectively; 97,293 and 95,301 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively 97 95
Additional paid-in capital 670,962 671,467
Accumulated deficit (169,771) (164,198)
TOTAL STOCKHOLDERS’ EQUITY 501,288 507,364
TOTAL LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK, AND STOCKHOLDERS’ EQUITY $ 569,961 $ 560,561