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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 211,089 $ 249,227
Restricted cash 1,502 1,500
Accounts receivable, net 79,485 66,523
Inventory 57,909 57,802
Prepaid and other current assets 5,334 2,945
Total current assets 355,319 377,997
Property, plant and equipment, net 57 63
Operating lease right-of-use asset 8,900  
Other long-term assets 643 174
Intangible asset, net 7,319 7,480
TOTAL ASSETS 372,238 385,714
Current Liabilities:    
Accounts payable 26,776 37,632
Accrued expenses and other current liabilities 94,170 84,171
Current portion of long-term debt from royalty-bearing instrument 38,960 34,240
Deferred revenue, current 1,898 1,220
Total current liabilities 161,804 157,263
Long-Term Liabilities:    
Long-term debt from royalty-bearing instrument 35,338 46,108
Deferred revenue, long-term 18,265 19,490
Long-term operating lease liability 7,930  
Other long-term liabilities 8,030 10,523
Total liabilities 231,367 233,384
Commitments and contingencies (Note 6)
Stockholders’ Equity:    
Series A Convertible Preferred Stock, £0.05 par, unlimited authorized; 289,317,460 shares issued and outstanding as of March 31, 2019 and December 31, 2018 (equivalent to 28,931,746 ordinary shares upon future consolidation and redesignation at a 10:1 ratio) 21,850 21,850
Common stock, £0.50 par, unlimited authorized; 334,365,726 issued, 330,578,168 outstanding as of March 31, 2019; 329,110,863 issued, 325,850,013 outstanding as of December 31, 2018 250,088 246,663
Additional paid-in capital 1,301,389 1,282,762
Treasury stock; 3,787,558 shares as of March 31, 2019; 3,260,850 shares as of December 31, 2018 (19,493) (10,413)
Accumulated deficit (1,412,963) (1,388,532)
Total stockholders’ equity 140,871 152,330
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 372,238 $ 385,714