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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 144,517 $ 91,898
Investments 96,874 191,389
Prepaid expenses and other current assets 4,491 5,979
Total current assets 245,882 289,266
Operating lease, right-of-use-asset 43,998 46,559
Property, plant and equipment, net 56,383 56,924
Restricted cash 1,735 1,735
Other assets 329 357
Total assets 348,327 394,841
Current liabilities:    
Accounts payable 7,626 7,178
Accrued expenses and other current liabilities 10,291 16,042
Operating lease liabilities 9,433 10,540
Total current liabilities 27,350 33,760
Long-term debt, net of discount 49,683 49,596
Other long-term liabilities 371 405
Operating lease liabilities, net of current portion 35,766 36,867
Total liabilities 113,170 120,628
Commitments and contingencies (see Note 9)
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized at March 31, 2020 and December 31, 2019; no shares issued or outstanding at March 31, 2020 and December 31, 2019
Common stock, $0.001 par value; 150,000,000 shares authorized at March 31, 2020 and December 31, 2019; 80,429,966 and 80,016,245 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 80 80
Additional paid-in capital 595,772 586,798
Accumulated other comprehensive income 531 75
Accumulated deficit (361,226) (312,740)
Total stockholders' equity 235,157 274,213
Total liabilities and stockholders' equity $ 348,327 $ 394,841