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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 81,224 $ 194,905
Short-term investments 1,414,448 1,140,445
Accounts receivable 41,205 43,213
Inventory 13,720 11,381
Advance payments to contract manufacturers 13,015 26,450
Other current assets 15,212 21,293
Total current assets 1,578,824 1,437,687
Long-term investments 231,082 582,889
Property, plant and equipment, net 64,614 48,851
Operating lease right-of-use assets 134,888 0
Goodwill 76,501 76,501
Other assets 2,385 4,244
Total assets 2,088,294 2,150,172
Current liabilities:    
Accounts payable 21,963 5,854
Accrued compensation 23,101 9,937
Accrued clinical trial expenses 38,338 14,700
Accrued contract manufacturing expenses 8,646 23,841
Other accrued expenses 11,394 9,580
Interest payable 4,198 4,198
Operating lease liabilities, current portion 9,318 0
Deferred revenue, current portion 8,392 13,892
Total current liabilities 125,350 82,002
Senior secured notes, net 248,257 246,950
Operating lease liabilities, less current portion 145,099 0
Liability related to the sale of future royalties, net 73,455 82,911
Deferred revenue, less current portion 6,779 10,744
Other long-term liabilities 643 9,990
Total liabilities 599,583 432,597
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 10,000 shares authorized; no shares designated or outstanding at September 30, 2019 or December 31, 2018 0 0
Common stock, $0.0001 par value; 300,000 shares authorized; 175,786 shares and 173,530 shares outstanding at September 30, 2019 and December 31, 2018, respectively 17 17
Capital in excess of par value 3,241,160 3,147,925
Accumulated other comprehensive loss (1,186) (6,316)
Accumulated deficit (1,751,280) (1,424,051)
Total stockholders’ equity 1,488,711 1,717,575
Total liabilities and stockholders’ equity $ 2,088,294 $ 2,150,172