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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 112,534 $ 128,797
Short-term investments 551,556 650,386
Contracts receivable 746 11,356
Inventories 7,668 6,899
Investment in Regulus Therapeutics Inc. 8,217 24,792
Other current assets 17,250 14,773
Total current assets 697,971 837,003
Property, plant and equipment, net 90,602 90,233
Patents, net 21,152 19,316
Deposits and other assets 1,384 1,348
Total assets 811,109 947,900
Current liabilities:    
Accounts payable 17,583 28,355
Accrued compensation 7,441 16,065
Accrued liabilities 18,976 28,105
Current portion of long-term obligations 8,608 9,029
Current portion of deferred contract revenue 58,473 67,322
Total current liabilities 111,081 148,876
Long-term deferred contract revenue 112,436 134,306
Long-term obligations, less current portion 2,420 2,341
Long-term financing liability for leased facility 72,286 72,217
Total liabilities 699,896 747,110
Stockholders' equity:    
Common stock, $0.001 par value; 300,000,000 shares authorized, 120,852,720 and 120,351,480 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively 121 120
Additional paid-in capital 1,352,589 1,309,107
Accumulated other comprehensive loss (26,853) (13,565)
Accumulated deficit (1,214,644) (1,094,872)
Total stockholders' equity 111,213 200,790
Total liabilities and stockholders' equity 811,109 947,900
1 Percent Convertible Senior Notes [Member]    
Current liabilities:    
Convertible senior notes 350,800 339,847
2 3/4 Percent Convertible Senior Notes [Member]    
Current liabilities:    
Convertible senior notes $ 50,873 $ 49,523