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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 226,902 $ 272,127
Restricted cash 4,008 2,221
Investments 13,454 28,239
Trade receivables 18,386 8,646
Inventories 5,113 7,039
Prepaid expenses and other current assets 5,908 5,528
Total current assets 273,771 323,800
Property and equipment, net 7,035 7,113
Other assets 3,625 3,802
Total assets 284,431 334,715
Liabilities and Stockholders’ Equity    
Accounts payable 13,529 18,713
Accrued expenses 32,719 33,942
Interest payable 23,547 21,670
Deferred collaboration revenue 405 150
Lease financing obligation 1,001 1,179
Non-recourse notes payable 30,000 30,000
Total current liabilities 101,201 105,654
Lease financing obligation 3,883 3,871
Royalty financing obligation 131,296 124,717
Secured term loan 123,039 119,735
Stockholders’ equity:    
Preferred stock, $0.001 par value; shares authorized - 5,000; no shares issued and outstanding 0 0
Common stock, $0.01 par value: shares authorized - 450,000; shares issued and outstanding – 177,670 in 2021 and 176,883 in 2020 1,777 1,769
Additional paid-in capital 1,010,779 1,002,408
Accumulated other comprehensive income 182 3
Accumulated deficit (1,087,726) (1,023,442)
Total stockholders’ equity (74,988) (19,262)
Total liabilities and stockholders’ equity $ 284,431 $ 334,715