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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 34,805 $ 4,762
Short-term investments 261,854 291,370
Accounts receivable, net 15,607 5,014
Inventory 10,675 10,726
Other current assets 13,074 14,948
Total current assets 336,015 326,820
Long-term investments 37,157 57,088
Property, plant and equipment, net 46,328 47,463
Goodwill 76,501 76,501
Other assets 789 994
Total assets 496,790 508,866
Current liabilities:    
Accounts payable 11,375 4,782
Accrued compensation 15,130 8,263
Accrued clinical trial expenses 19,790 9,461
Other accrued expenses 10,676 10,064
Interest payable 4,090 4,198
Deferred revenue, current portion 19,531 18,949
Other current liabilities 105 446
Total current liabilities 80,697 56,163
Senior secured notes, net 245,643 245,207
Liability related to the sale of future royalties, net 92,846 94,655
Deferred revenue, less current portion 12,808 19,021
Other long-term liabilities 6,513 5,992
Total liabilities 438,507 421,038
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 10,000 shares authorized; no shares designated, issued or outstanding at March 31, 2018 or December 31, 2017 0 0
Common stock, $0.0001 par value; 300,000 shares authorized; 162,379 shares and 159,524 shares issued and outstanding at March 31, 2018 and December 31, 2017, respectively 16 15
Capital in excess of par value 2,262,219 2,207,865
Accumulated other comprehensive loss (2,796) (2,111)
Accumulated deficit (2,201,156) (2,117,941)
Total stockholders’ equity 58,283 87,828
Total liabilities and stockholders’ equity $ 496,790 $ 508,866