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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 39,038 $ 71,902
Marketable securities 97,366 0
Grants and accounts receivables, net 903 732
Income tax receivable 1,715 0
Prepaid expenses and other, net 1,996 1,281
Total current assets 141,018 73,915
Property and equipment, net 7,246 2,277
Intangibles, net 3,912 4,357
Goodwill 20,626 24,041
Investments in common stock 112,008 10,000
Equity method investments 58,119 0
Long-term assets held for sale 0 26,619
Other, net 590 332
Total assets 343,519 141,541
Current liabilities:    
Accounts payable 1,339 1,656
Accrued payroll and related 2,361 1,825
Current portion of deferred compensation 891 1,893
Accrued expenses 3,927 867
Acquisition consideration payable 12,000 0
Derivative liability 5,520 0
Current portion of debt 4,835 3,316
Total current liabilities 30,873 9,557
Long-term debt 4,394 8,830
Deferred compensation 12 796
Deferred tax liabilities 49,341 1,709
Long-term liabilities held for sale 0 10,837
Deferred revenue 110,900 1,024
Deferred rent and other 7,061 75
Total liabilities $ 202,581 $ 32,828
Commitments and contingencies
Equity:    
Preferred stock, $0.0001 par value; 100,000,000 shares authorized and no shares issued or outstanding $ 0 $ 0
Common stock, $0.0001 par value; 750,000,000 shares authorized and 37,771,459 and 36,184,912 shares issued and outstanding at December 31, 2015 and 2014, respectively 4 4
Additional paid-in capital 184,898 176,227
Accumulated other comprehensive income 73,579 0
Accumulated deficit (113,329) (67,518)
Total Sorrento Therapeutics, Inc. stockholders' equity 145,152 108,713
Noncontrolling interests (4,214) 0
Total equity 140,938 108,713
Total liabilities and equity $ 343,519 $ 141,541