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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 129,329 $ 86,454
Short-term investments 123,362 166,155
Accounts receivable 10,653 4,597
Receivable from Ionis Pharmaceuticals, Inc. 647  
Inventories 8,641 85
Other current assets 5,809 9,944
Total current assets 278,441 267,235
Property, plant and equipment, net 5,277 5,696
Operating lease right-of-use assets 11,300  
Intangible assets, net 84,529 88,914
Deposits and other assets 3,620 3,416
Total assets 383,167 365,261
Current liabilities:    
Accounts payable 5,711 12,068
Payable to Ionis Pharmaceuticals, Inc.   18,901
Accrued compensation 9,382 8,583
Accrued liabilities 15,211 14,787
Current portion of deferred revenue 10,840 25,354
Other current liabilities 1,977 968
Total current liabilities 43,121 80,661
Long-term portion of lease liabilities 14,558 4,442
Long-term portion of deferred revenue   3,434
Total liabilities 57,679 88,537
Stockholders’ equity:    
Common stock, $0.001 par value; 125,000,000 shares authorized at September 30, 2019 and December 31, 2018; 93,885,414 and 89,345,978 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively. 94 89
Additional paid-in capital 889,133 799,001
Accumulated other comprehensive loss (63) (324)
Accumulated deficit (563,676) (522,042)
Total stockholders’ equity 325,488 276,724
Total liabilities and stockholders’ equity $ 383,167 $ 365,261