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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 38,868,000 $ 29,906,000
Restricted cash 316,000 316,000
Short-term investments 0 19,978,000
Accounts receivable, net 5,032,000 3,513,000
Inventory 3,231,000 4,155,000
Prepaid expenses and other current assets 1,901,000 2,889,000
Total current assets 49,348,000 60,757,000
Property and equipment, net 26,517,000 26,778,000
Other assets 4,347,000 6,190,000
Total assets 80,212,000 93,725,000
Current liabilities:    
Accounts payable 6,731,000 4,789,000
Accrued expenses and other current liabilities 18,326,000 15,904,000
Short-term note payable 5,101,000 5,028,000
Deferred revenue — current 30,840,000 32,503,000
Recognized loss on purchase commitments — current 7,250,000 7,394,000
Total current liabilities 68,248,000 65,618,000
Promissory notes 70,022,000 70,020,000
Accrued interest — promissory notes 3,259,000 2,002,000
Long-term Midcap credit facility 38,893,000 38,851,000
Senior convertible notes 5,000,000 5,000,000
Recognized loss on purchase commitments — long term 82,987,000 84,639,000
Operating lease liability 2,155,000 2,514,000
Deferred revenue — long term 1,772,000 8,344,000
Milestone rights liability 5,926,000 7,263,000
Total liabilities 278,262,000 284,251,000
Commitments and contingencies
Stockholders' deficit:    
Undesignated preferred stock, $0.01 par value — 10,000,000 shares authorized; no shares issued or outstanding as of March 31, 2020 and December 31, 2019
Common stock, $0.01 par value - 280,000,000 shares authorized, 213,137,684 and 211,787,573 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 2,131,000 2,118,000
Additional paid-in capital 2,801,044,000 2,799,278,000
Accumulated other comprehensive loss   (19,000)
Accumulated deficit (3,001,225,000) (2,991,903,000)
Total stockholders' deficit (198,050,000) (190,526,000)
Total liabilities and stockholders' deficit $ 80,212,000 $ 93,725,000