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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 30,760 $ 26,731
Restricted cash 4,629 1,544
Investments 61,387 77,736
Receivables from collaborations 3,602 4,293
Inventory 1,000 1,649
Prepaid expenses and other current assets 2,341 2,399
Total current assets 103,719 114,352
Investments 741 22,376
Property and equipment, net 7,551 9,135
Other assets 4,333 978
Total assets 116,344 146,841
Liabilities and Stockholders’ Equity    
Accounts payable 8,298 7,769
Accrued expenses 19,343 15,938
Interest payable 14,745 11,848
Deferred collaboration revenue 221 221
Senior credit facility 4,580
Non-recourse notes payable 29,341 29,121
Total current liabilities 71,948 69,477
Deferred rent 54
Other non-current liabilities 3,742 2,703
Senior credit facility 49,847 25,372
Stockholders’ equity:    
Preferred stock, $0.001 par value; shares authorized — 5,000; no shares issued and outstanding
Common stock, $0.01 par value: shares authorized — 200,000; shares issued and outstanding — 110,370 in 2019 and 110,063 in 2018 1,104 1,101
Additional paid-in capital 790,076 780,400
Accumulated other comprehensive income (loss) 41 (297)
Accumulated deficit (800,414) (731,969)
Total stockholders’ equity (9,193) 49,235
Total liabilities and stockholders’ equity $ 116,344 $ 146,841