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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents [1] $ 221,217 $ 96,907
Accounts receivable, net [1] 26,980 19,969
Inventory, net [1] 20,519 16,604
Prepaid expenses and other current assets [1] 9,623 9,389
Total current assets [1] 278,339 142,869
Property, plant, equipment, and investment properties, net [1] 23,405 16,411
Intangible assets, net [1] 94,247 62,649
In-process research and development [1] 812,446 793,152
Goodwill [1] 289,607 224,292
Investments, net [1] 21,434 22,453
Other assets [1] 6,013 5,838
Total assets [1] 1,525,491 1,267,664
Current liabilities:    
Accounts payable [1] 16,039 8,744
Accrued expenses [1] 149,843 60,912
Current portion of lines of credit and notes payable [1] 14,599 13,455
Total current liabilities [1] 180,481 83,111
2033 Senior Notes, net of discount and estimated fair value of embedded derivatives [1] 109,203 131,454
Other long-term liabilities, principally deferred revenue and deferred tax liabilities [1] 408,821 217,358
Total long-term liabilities [1] 518,024 348,812
Total liabilities [1] 698,505 431,923
Equity:    
Common Stock - $0.01 par value, 750,000,000 shares authorized; 464,567,632 and 433,421,677 shares issued at June 30, 2015 and December 31, 2014, respectively [1] 4,646 4,334
Treasury Stock - 1,120,367 and 1,245,367 shares at June 30, 2015 and December 31, 2014, respectively [1] (3,645) (4,051)
Additional paid-in capital [1] 1,687,389 1,529,096
Accumulated other comprehensive income (loss) [1] (18,880) (12,392)
Accumulated deficit [1] (834,721) (674,843)
Total shareholders’ equity attributable to OPKO [1] 834,789 842,144
Noncontrolling interests [1] (7,803) (6,403)
Total shareholders’ equity [1] 826,986 835,741
Total liabilities and equity [1] $ 1,525,491 $ 1,267,664
[1] As of June 30, 2015 and December 31, 2014, total assets include $7.1 million and $7.6 million, respectively, and total liabilities include $12.7 million and $12.1 million, respectively, related to SciVac Ltd (“SciVac”), now known as SciVac Therapeutics, Inc., a consolidated variable interest entity. SciVac’s consolidated assets are owned by SciVac and SciVac’s consolidated liabilities have no recourse against us. Refer to Note 5.