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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 84,275 $ 128,797
Short-term investments 603,573 650,386
Contracts receivable 8,544 11,356
Inventories 9,319 6,899
Investment in Regulus Therapeutics Inc. 9,382 24,792
Other current assets 15,236 14,773
Total current assets 730,329 837,003
Property, plant and equipment, net 90,970 90,233
Patents, net 20,929 19,316
Deposits and other assets 1,358 1,348
Total assets 843,586 947,900
Current liabilities:    
Accounts payable 15,680 28,355
Accrued compensation 11,008 16,065
Accrued liabilities 23,616 28,105
Current portion of long-term obligations 49 9,029
Current portion of deferred contract revenue 56,539 67,322
Total current liabilities 106,892 148,876
Long-term deferred contract revenue 101,831 134,306
Long-term obligations, less current portion 14,892 2,341
Long-term financing liability for leased facility 72,322 72,217
Total liabilities 703,947 747,110
Stockholders' equity:    
Common stock, $0.001 par value; 300,000,000 shares authorized, 121,147,433 and 120,351,480 shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively 121 120
Additional paid-in capital 1,373,309 1,309,107
Accumulated other comprehensive loss (26,498) (13,565)
Accumulated deficit (1,207,293) (1,094,872)
Total stockholders' equity 139,639 200,790
Total liabilities and stockholders' equity 843,586 947,900
1 Percent Convertible Senior Notes [Member]    
Current liabilities:    
Convertible senior notes 356,440 339,847
2 3/4 Percent Convertible Senior Notes [Member]    
Current liabilities:    
Convertible senior notes $ 51,570 $ 49,523