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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 55,570 $ 12,365
Short-term investments 253,374 225,459
Accounts receivable, net of allowance of nil at December 31, 2015 and 2014 19,947 3,607
Inventory 11,346 12,952
Restricted cash 0 25,000
Other current assets 9,814 8,817
Total current assets 350,051 288,200
Property, plant and equipment, net 71,336 70,368
Goodwill 76,501 76,501
Other assets 4,173 6,552
Total assets 502,061 441,621
Current liabilities:    
Accounts payable 2,363 2,703
Accrued compensation 5,998 5,749
Accrued clinical trial expenses 8,220 7,708
Other accrued expenses 4,156 6,418
Interest payable 4,198 6,917
Capital lease obligations, current portion 4,756 4,512
Deferred revenue, current portion 21,428 24,473
Other current liabilities 10,127 5,567
Total current liabilities 61,246 64,047
Senior secured notes, net 242,115 125,000
Capital lease obligations, less current portion 1,073 4,139
Liability related to the sale of future royalties 119,032 120,471
Deferred revenue, less current portion 62,426 76,911
Other long-term liabilities 9,740 14,721
Total liabilities $ 495,632 $ 405,289
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 10,000 shares authorized; no shares designated, issued or outstanding at December 31, 2015 or 2014 $ 0 $ 0
Common stock, $0.0001 par value; 300,000 shares authorized; 135,289 shares and 131,216 shares issued and outstanding at December 31, 2015 and 2014, respectively 13 13
Capital in excess of par value 1,876,072 1,824,195
Accumulated other comprehensive loss (2,170) (1,567)
Accumulated deficit (1,867,486) (1,786,309)
Total stockholders’ equity 6,429 36,332
Total liabilities and stockholders’ equity $ 502,061 $ 441,621