XML 54 R12.htm IDEA: XBRL DOCUMENT v2.4.1.9
Balance Sheet Components
3 Months Ended
Mar. 31, 2015
Balance Sheet Related Disclosures [Abstract]  
Balance Sheet Components
Balance Sheet Components
Property and equipment, net, consists of the following (in thousands):
 
March 31,
2015
 
December 31,
2014
Equipment
$
20,075

 
$
13,363

Leasehold improvements
21,677

 
9,951

Furniture and fixtures
1,278

 
1,278

Construction in progress
1,691

 
19,461

 
44,721

 
44,053

Less: Accumulated depreciation and amortization
(12,580
)
 
(11,577
)
 
$
32,141

 
$
32,476


Accrued liabilities consist of the following (in thousands):
 
March 31,
2015
 
December 31,
2014
Accrued discounts and rebates
$
25,463

 
$
18,125

Accrued payroll and employee related expenses
19,941

 
19,645

Accrued clinical related
17,461

 
14,806

Accrued royalty to Celera (see Note 3)
14,924

 
10,646

Accrued outside services
7,254

 
5,114

Accrued value added taxes
1,357

 
7,395

Accrued contract manufacturing
1,355

 
2,380

Accrued other
7,684

 
10,168

 
$
95,439

 
$
88,279


Deferred revenue consists of the following (in thousands):
Current portion:
March 31,
 
December 31,
 
2015
 
2014
Deferred revenue related to the Agreement (see Note 3)
$
11,172

 
$
11,656

Deferred revenue from sales to collaboration partner
7,625

 
7,117

 
$
18,797

 
$
18,773

 
 
 
 
Non-current portion:
March 31,
 
December 31,
 
2015
 
2014
Deferred revenue related to the Agreement (see Note 3)
$
32,757

 
$
34,885