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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 59,074 $ 120,841
Receivables from collaboration 23 50,436
Inventory-current   9,670
Deferred product costs from collaboration 13,539  
Prepaid expenses and other current assets 4,018 20,206
Total current assets 76,654 201,153
Property and equipment - net 48,749 192,127
State research and development credit exchange receivable - net of current portion   311
Other assets 1,009 848
Total 126,412 394,439
Current liabilities:    
Accounts payable 15,599 7,394
Accrued expenses and other current liabilities 7,929 26,206
Facility financing obligation 74,582 72,995
Senior convertible notes - current   99,355
Deferred product sales from collaboration 17,503 436
Purchase commitment liabilities - current 12,475  
Deferred payments from collaboration 140,231 196,967
Total current liabilities 268,319 403,353
Note payable to principal stockholder 49,521 49,521
Sanofi loan facility and loss share obligation 62,371 3,034
Senior convertible notes - long term 27,613  
Purchase commitments - long term 53,692  
Other liabilities 15,225 12,301
Total liabilities $ 476,741 $ 468,209
Commitments and contingencies
Stockholders' deficit:    
Undesignated preferred stock, $0.01 par value - 10,000,000 shares authorized; no shares issued or outstanding at December 31, 2015 and 2014
Common stock, $0.01 par value - 550,000,000 shares authorized at December 31, 2015 and 2014, respectively; 428,670,943 and 406,059,089 shares issued and outstanding at December 31, 2015 and 2014, respectively $ 4,287 $ 4,061
Additional paid-in capital 2,508,633 2,416,967
Accumulated other comprehensive loss (20) (14)
Accumulated deficit (2,863,229) (2,494,784)
Total stockholders' deficit (350,329) (73,770)
Total $ 126,412 $ 394,439